Nidhi Company is recognized under section 406 of the Companies Act, 2013. It is type of a company which is Non-Financial banking Sector. The Core is to borrow from its members and then lend to its members only. These are also known as permanent fund or Benefits Funds.
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We at legalwiser promote every individual to be an entrepreneur and start their own business and contibute to the society.
No RBI regulations
Cost efficient registration
Requirements to Register
- Obtaining DSC
- Directors Identification Number (DIN) of directors.
- Selecting and Approval of Name
- Preparing Documents, MOA and AOA of the company
- Passport-sized photographs
- No Objection Certificate (NOC) (signed by the landlord/owner)
- Recent Bank Statement, Driving License, Residence Card
- Pan Card, Aadhaar Card, Voter’s ID
- Electricity bill / Gas Bill / mobile Bill
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