Counsel
Ask an expert!
Legal, accounting and compliance advice from qualified professionals.
The Companies doing Nidhi business, viz. borrowing from members and lending to members
only, are known under as Nidhi Company. Individuals who are not members of the Nidhi Company are not allowed to deposit any money or doing any kind of business with the concerned Nidhi Company.
Every Company which had been declared as a Nidhi Comp...
Wazzeer Professional Network
ProfessionalWhat is Nidhi company?
Same as above
-
Wazzeer Professional Network
ProfessionalThe Companies doing Nidhi business, viz. borrowing from members and lending to members
only, are known under as Nidhi Company. Individuals who are not members of the Nidhi Company are not allowed to deposit any money or doing any kind of business with the concerned Nidhi Company.Every Company which had been declared as a Nidhi Company or Mutual Benefit Society
under sub-section (1) of section 620A of the Companies Act, 1956.over 4 years ago
View answer
What is Nidhi company?
Same as above
-
Wazzeer Professional Network
ProfessionalThe Companies doing Nidhi business, viz. borrowing from members and lending to members
only, are known under as Nidhi Company. Individuals who are not members of the Nidhi Company are not allowed to deposit any money or doing any kind of business with the concerned Nidhi Company.Every Company which had been declared as a Nidhi Company or Mutual Benefit Society
under sub-section (1) of section 620A of the Companies Act, 1956.over 4 years ago
Looking to hire a professional from our handpicked community?
Explore our services, submit your request and let us do the rest for you.