Producer Company Registration 7037428495

  • 50000.00 Rs.
  • Published date: July 19, 2020
    • Pilibhit Bypass Road Bareilly, Bareilly, Uttar Pradesh, India

“Nidhi” is a Hindi word, which means finance or fund. Nidhi means a company which has been incorporated with the object of developing the habit of thrift and reserve funds amongst its members and also receiving deposits and lending to its members only for their mutual benefit.

Nidhi company registration requires minimum 3 members. All the Nidhi company’s incorporated shall have the last word as “Nidhi Limited” as part of its name. Nidhi company is easy and economical to register.

Nidhi company requires minimum 3 members. It might not issue preference share. If preference shares have already been issued by a Nidhi Company before initiation of this Act, such preference shares are to be redeemed in accordance with the terms of issue of such shares. All the Nidhi company’s incorporated shall have the last word as “Nidhi Limited” as part of its name. Nidhi Company Registration is done through Indian Legals.

A Nidhi Company is known under different names such as a mutual benefit company, mutual benefit funds, benefit funds and Nidhi permanent fund. These are mutually benefit owned societies.

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