Nidhi Company Registration in Hazaribagh Jharkhand India, Nidhi Company Registration Consultant in Hazaribagh Jharkhand India, Nidhi Company Registration office in Hazaribagh Jharkhand India, Nidhi Company Registration CA In Hazaribagh Jharkhand India

Nidhi Company Registration in Hazaribagh Jharkhand India, Nidhi Company Registration Consultant in Hazaribagh Jharkhand India, Nidhi Company Registration office in Hazaribagh Jharkhand India, Nidhi Company Registration CA In Hazaribagh Jharkhand India

Nidhi Company Registration in Hazaribagh Jharkhand India, Nidhi Company Registration Consultant in Hazaribagh Jharkhand India, Nidhi Company Registration office in Hazaribagh Jharkhand India, Nidhi Company Registration CA In Hazaribagh Jharkhand India

Nidhi Company is a company registered under Companies Act and notified as a nidhi company by Central Government under Section 620-A of Companies Act. It is a non-banking finance company doing the business of lending and borrowing with its members or shareholders.

Nidhi Companies are companies registered under Section 620A of the Companies Act, 1956 (Section 406 of the new Companies Act, 2013) (both referred together as the “Act”) and is regulated by MCA. Even though Nidhi Companies are regulated by the provisions of the Act, they are exempted from certain provisions of the Act, as applicable to other companies, due to limiting their operations within their own shareholders/members.

Nidhi Companies are also included in the definition of Non-Banking Financial Companies (“NBFC”) under the regulatory ambit of the Reserve Bank of India (“RBI”). Non-banking financial entities partially or wholly regulated by the RBI include:
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Nidhi Company Registration in Hazaribagh Jharkhand India, Nidhi Company Registration Consultant in Hazaribagh Jharkhand India, Nidhi Company Registration office in Hazaribagh Jharkhand India, Nidhi Company Registration CA In Hazaribagh Jharkhand India

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