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How to Register Nidhi Company in India

How to Register Nidhi Company in India

In the context of Hindu scriptures, Nidhi is a treasure, constituted of nine treasures (nawanidhi) belonging to Kubera (also spelt as Kuvera), the god of wealth. Nidhi is a hindi word which means Finance or Capital also. In India, every month hundreds of Nidhi...
NIDHI COMPANY BUSINESS ALLOWED TO DO IN INDIA

NIDHI COMPANY BUSINESS ALLOWED TO DO IN INDIA

This article explains what business a Nidhi company can do or cannot do. Loan? Insurance? Fixed Deposit? Taking Deposits? Search for: 1. Can Nidhi Company do Microfinance business? Answer – Nidhi Companies are not permitted to do microfinance business in India....