What are the qualifications or eligibility criteria for becoming a member of a Nidhi company?
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Click here to view / answer Share it onIn terms of Section 73 of Companies Act, 2013 read with Rule 2(1)(c)(vii) of Companies (Terms and conditions of acceptance of Deposit) Rules, 2014, deposits do not include receipt of money from Director of the Company, but money received from a member is treated as deposit. In case deposit is taken from a person who is both a director and a member of the Company, will such receipt of money be treated as deposit or not?
Click here to view / answer Share it onIs there any limit of amount for private company to take loan from its member?
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By what time are companies required to switch over to the new format of
Register of Members, Register of Directors and Key Managerial Personnel and their Shareholding?
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What is the preservation period of register of members and annual return
under the companies Act, 2013 ?
In what manner a listed entity maintains its register of members?
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Whether the nominee director will be inducted as a member of committees of the Board?
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Whether the same person can be a Sole Member in one OPC and Nominee in another OPC?
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On what condition Nidhi Company can provide a loan to its members?
Hello Professionals
In terms of Section 73 of the Companies Act, 2013 read with Rule 2(1)(c)(vii) of Companies (Terms and conditions of acceptance of Deposit) Rules, 2014, deposits do not include receipt of money from the Director of the Company, but the money received from a member is treated as a deposit. In case the deposit is taken from a person who is both a director and a member of the Company, will such receipt of money be treated as a deposit or not?
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If there is procedure in AOA of the company regarding removal of a member, is it intra vires?