Know the Cost to trademark a name and all the fees required
23 Apr, 2024
Nidhi Company rules and regulations you should be aware of to oversee the Nidhi Companies post-amendment in Companies Act 2013. A Nidhi Company is a form of NBFC incorporated with the intent to implant the habit of thrift and saving, among the members for their mutual benefit. The incorporation of Nidhi Company takes place under Section 406 of the Companies Act, 2013.
According to the Nidhi Rules, 2014, a Nidhi Company must register as a public company.
Form NDH-1– The Return of Statutory Compliances is included in this form. A Nidhi Company must file NDH-1 together with the required fees within 90 days of the first financial year's end. This form must be duly certified by a Company Secretary or a practicing Chartered Accountant.
No Nidhi Company should perform business operations other than lending and borrowing business in their own name.
The Nidhi Company Rules and Regulations are governed by the Ministry of Corporate Affairs (often abbreviated as MCA). The Reserve Bank of India has the authority to issue directions to Nidhi Companies about their acceptance and deposit activities. However, because Nidhi Companies' operations involve the money of its owners, the Reserve Bank of India has specifically exempted this type of company from complying with its essential provisions, such as obtaining RBI registration and so on. Borrowing and lending operations are how Nidhi Companies raise money. Nidhi Company standards and regulations are fairly strict when it comes to forming a Nidhi Company. The Nidhi Rules, 2014, established by the Central Government of India, should be followed by all Nidhi companies.
Know the Cost to trademark a name and all the fees required
23 Apr, 2024
How to Register a Brand Name
17 Apr, 2024
How Can You Download FSSAI Certificate?
15 Apr, 2024
Copyright a Business Name Know the Procedure
13 Apr, 2024
Top 10 Law Firms in India
11 Apr, 2024
Consumer Complaint against Tamil Nadu Electricity Board TNEB
30 Nov, 2020
How to Take Legal Action against Mental Harassment in India?
07 Nov, 2020
UPPCL Uttar Pradesh Power Corporation Ltd. Complaint Filing
19 Nov, 2020
How to File a Complaint Online in Consumer Court in India
27 Nov, 2020
Online Complaint Filing against Hero Motocorp
04 Dec, 2020