Is trade payable reported in Form DPT-3?
Click here to view / answer Share it on
Hello All,
Is it mandatory to get the KYC of directors certified by practicing professional while attaching the same in the Form STK-2?
Hello All,
Is Section 14 applicable when changing the name of the company? Are we required to file 2 MGT-14 separately for the purpose or single MGT-14 will work?
Dear All,
What is the validity period for Private Placement Offer Letter, i.e. what should be the time period to apply for the shares under Private Placement?
Dear All,
What valuation guidelines are used while reporting foreign equity investment for listed companies?
return
Dear All,
Are we required to file FLA return if we have current investments from a foreign country?
return
Dear All,
What is the downstream investment?
investment downstream
Dear All,
What attachments are required to file a start up for a company?
start 
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!