approval
As per rule Nidhi Amendment Rules, 2019, neither you have obtained registration of NIDHI Company nor you have
filed NDH-4 (which is mandatory) whereas you have collected the deposits. Without having registration no company can
operate as a NIDHI company. Please explain.
Our reply:
Rule 3A of Nidhis Rules, 2014 deals with the requirement of filing of Form NDH-4, This Rule was effective vide notification dated July 01, 2019 issued by Ministry of Corporate Affairs of India.
The rule states :-
The Central Goverrrment, on receipt of application (in.Form NDH-4 along with fee thereon) of a public company for declaring it as Nidhi and on being satisfied that the company meets the requirements under these rules, shall notify the company as a Nidhi in the official Gazette:
Provided that a Nidhi incorporated under the Act on or after the commencement of the Nidhi (Amendment) Rules, 2019 shall file Form NDH-4 within sixty days from the date of expiry of :-
(a) one year from the date of its incorporation or
(b) the period up to which extension of time has been granted by the Regional Director under sub-rule (3) of rule 5:
Provided further that nothing in the first proviso shall prevent a Nidhi from filing Form NDH-4 before the period referred therein:
Provided also that that in case a company does not comply with the requirements of this rule, it shall not be allowed to file Form No. SH-7 (Notice to Registrar of any alteration of share capital) and Form PAS-3 (Return of Allotment).]
Filing of E-Form NDH-4 is a procedural requirement which need to be followed by Every Nidhi Company. This E-Form is purely for the purpose of ensuring compliance/eligibility of Nidhi Company which are required to be made within one year of incorporation of Nidhi Company.
There is no such provision in the Act or rule which states that Nidhi Company cannot commence business till the period this E-Form NDH-4 is not filed. E-Form INC-20A is for declaration of commencement of business and no company can commence its business unless INC-20A is filed with ROC.
Further, we want to inform you that this is a new requirement and earlier all the Nidhi companies were functioning without any NDH-4.
Further, ICSEVA Nidhi Limited was incorporated on August 11, 2020. And pursuant to the aforesaid rule 3A, company can file E-Form NDH-4 till October 10, 2021, i.e. Within 60 days from the expiry of one year of incorporation.
@101 games This is what I wanna find.
India shares its land borders with seven countries. Pakistan and Afghanistan in the northwest, China , Nepal, and Bhutan in the North and Myanmar and Bangladesh in the east, please share the success file if any passed by MCA for any DIN security clearance, so far they are not giving any approval and rejected on wrong grounds. any communication or appeal process ?
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As of 27.10.2023, it is now mandatory for all private companies (excluding small companies) to dematerialize their securities. This requirement is outlined in Rule 9B of the PAS Rules.
Applicable for Section -8 as well ?
To perform an MSME and verify a Udyam Registration Number, follow these steps:
1. Visit the Udyam Registration portal using the link: [Udyam Registration Portal](https://udyamregistration.gov.in/Udyam_Verify.aspx)
2. On the webpage, locate the option for "Verify Udyam Registration Number" or a similar feature.
3. Enter the Udyam Registration Number that you want to verify into the provided field.
4. Click on the "Verify" or "Submit" button to proceed.
5. The system will process the information and display the details associated with the provided Udyam Registration Number, including the major activity and type of enterprise.
6. Review the displayed information to ensure its accuracy.
7. If the details are correct, you have successfully verified the Udyam Registration Number.
8. If you encounter any discrepancies or issues, you may need to contact the appropriate authorities for further assistance.
By following these steps, you can easily verify a Udyam Registration Number using the newly added feature on the Udyam Registration portal.
msme number registration udyam verify
I would like to inform you that the MCA now has several centers for form processing and scrutiny:
1. CRC*: Responsible for incorporation-related matters.
2. CPC*: Handles the processing of other e-forms.
3. CSC: Central Scrutiny Centre scrutinizes STP forms.
4. C-PACE: Deals with the closure of companies.
This division of responsibilities ensures that the jurisdictional ROC can focus on its core responsibilities without being burdened by these tasks.
Does anyone know the mechanism of IPO allotment, especially in cases of oversubscription?
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Hello, what is the distinction between Compensatory Contribution and Equalization Levy?
Are these concepts mutually exclusive?
equalization levy contribution compensatory between distinction As a practice, we have been using the bank credit date for INVI filing. This is because we need to provide supporting documents such as bank statements or FIRC during the filing process. Is it right ?
Click here to view / answer Share it onFor INVI filing purposes, what would be considered the date of allotment of units? Is it the drawdown due date/funding date or the date when units are credited in demat?
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