Dear All,
pl find the attached PPT on Nidhi Company
Feel free to ask your query regarding incorporation of Nidhi Company and Post Compliance
"No Minimum paid-up capital:"
The Companies Amendment Act, 2015 has come up with an amendment that there no minimum capital requirement for starting a public limited company. the words of five lakh rupees or such higher paid-up share capital has been removed which pertains to the minimum paid up share capital of the company. So a public limited company can start its business without any amount of minimum capital restriction.
While rule-4 (1) of NIDHI Rules, 2014 says
(1) A Nidhi 1[Omitted] shall be a public company and shall have a minimum paid up equity share capital of five lakh rupees.
MCA not allowing to Incorporate with 1 lac Capital while already some companies Incorporated with 1 Lac so not able to clear about the Applicability of Act or Rule which one supersede ?
CIN U65990MH2021PLN355452
Company Name MAHILA PARIVARTAN URBAN NIDHI LIMITED
ROC Code RoC-Mumbai
Registration Number 355452
Company Category Company limited by Shares
Company Sub Category Non-govt company
Class of Company Public
Authorised Capital(Rs) 500000
Paid up Capital(Rs) 100000
What are the points which must be taken care while applying for incorporation of a Nidhi Company?
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Company?
company
nidhi
incorporating
Hello Everyone,
Please provide the post incorporation detailed compliance checklist for a NIDHI Company.
compliances
company
nidhi
Dear Group,
Please advise me which Industrial Activity code I have to select while filling Spice Part A for Nidhi Company.
Dear Group,
Please advise me which Industrial Activity code I have to select while filling Spice Part A for Nidhi Company.
Anyone interested for U.P. based Nidhi company please contact to us...
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I have incorporated a Nidhi Company and now post incorporation compliance begins.
As Nidhi Company has to open current accounts with their depositors, how practically its possible and does Nidhi Company's banker plays any role in it ?
Dear All,
With reference to the subject cited above, can someone in this group interpret the below provision of the rule.
Rule 5(2) of Nidhi Rules, 2014.
"(2) Within ninety days from the close of the first financial year after its incorporation and where applicable, the second financial year, Nidhi shall file a return of statutory compliances in Form NDH-1 along with such fee as provided in Companies (Registration Offices and Fees) Rules, 2014 with the Registrar duly certified by a company secretary in practice or a chartered accountant in practice or a cost accountant in practice."
My Understanding is : nidhi shall file statutory compliance in form NDH-1:-
Within ninety days from the close of the first financial year after its incorporation- This pertains to those companies incorporated after the said rule come into effect i.e. 2014.
where applicable, the second financial year,- This pertains to those companies incorporated prior to the said rule came into effect.
Is my understanding correct? if not, feel free to comment your interpretation accordingly
rules
nidhi
rule
interpretation
Dear All,
With reference to the subject cited above, can someone in this group interpret the below provision of the rule.
Rule 5(2) of Nidhi Rules, 2014.
"(2) Within ninety days from the close of the first financial year after its incorporation and where applicable, the second financial year, Nidhi shall file a return of statutory compliances in Form NDH-1 along with such fee as provided in Companies (Registration Offices and Fees) Rules, 2014 with the Registrar duly certified by a company secretary in practice or a chartered accountant in practice or a cost accountant in practice."
My Understanding is : nidhi shall file statutory compliance in form NDH-1:-
Within ninety days from the close of the first financial year after its incorporation- This pertains to those companies incorporated after the said rule come into effect i.e. 2014.
where applicable, the second financial year,- This pertains to those companies incorporated prior to the said rule came into effect.
Is my understanding correct? if not, feel free to comment your interpretation accordingly
rules
nidhi
rule
interpretation
Can any one share the NDH-1 & NDH-2 form filed for Nidhi Company. please share the same with attachments.
Confidentiality will be maintained
