What is Nidhi Company?

What is NIDHI COMPANY? A Nidhi Company, also known as a Nidhi Mutual Benefit Company, is a specific type of non-banking financial institution in India. It is regulated under the Companies Act, 2013, and the Nidhi Rules, 2014, issued by the Ministry of Corporate Affairs (MCA). Main Objectives of a Nidhi Company The main objective…

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