nidhi rules rule company
Nidhi Declaration
In connection with the Incorporation of M/s ------------- Nidhi Limited,
I ---------------, being one of the Subscriber/Promoters of the Company, has gone through hereby declare that-
That the proposed Company complied with the clause (1) to (5) of Rule 4 (Incorporation and Incidental Matters) of [Chapter XXVI Nidhis Rules, 2014].
That the proposed Company will comply in the future with the clause (1) to (3) of Rule 5 (Requirements for Minimum Number of Members, Net Owned Fund etc) of [Chapter XXVI Nidhis Rules, 2014] failing this would attract liability for penal consequences.
That the proposed Company had complied with the clause (a) to (k) of Rule 6 (General Restrictions or Prohibitions) of [Chapter XXVI Nidhis Rules, 2014]
That the proposed Company would comply with clause (1) to (6) and sub- clause (a) to (c) of clause (6) of Rule 10 (Branches) of [Chapter XXVI Nidhis Rules, 2014]
Further hereby undertake, that the company/directors shall insure that it/he has read/understood and complied or will comply as and when necessary, with all the necessary implications on the Nidhi Company under Companies Act, 2013 and corresponding rules stated under [Chapter XXVI Nidhis Rules, 2014]
Subscriber/Promoter
PAN:
Date:
Place:
Dear,
No format has been prescribed for it. yet you can prepare it by self by adding the declaration for all the compliance related to Nidhi rules and specific provision by Director.