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    Number of members in Nidhi Company?

    Posted By : Sohil / Published on : 24-Aug-2022 05:00 AM / View : 193 / Comment : 1

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    Dear Concern,

    Please clarify on the number of members in Nidhi Company on its incorporation and post incorporation?
    Read more on : company nidhi members number

    • Hi Sohil!

      As per the Nidhi Rules, 2014:

      At Incorporation

      Rule 4(1) states that a Nidhi shall be a public company and shall have a minimum paid up equity share capital of ten lakh rupees. Therefore, by applying the normal provision a Nidhi Company is required to have minimum number of 7 Members at the time of incorporation. 

      Post Incorporation

      Rule 5(1) states that a Nidhi shall within a period of one year from its incorporation ensure that it has not less than two hundred members.

      The conclusion brought down here gives Nidhi Company a time period of one year to achive the minimum limit of 200 Members after its incorporation. 

      Hope it helps!

      Thank You! 



      24-08-2022 / 05:35:46 AM
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