The Complete Guide to Starting and Running a Nidhi Company
A Nidhi Company, also known as a Mutual Benefit Fund or a Mutual Benefit Society, is a type of non-banking financial company (NBFC) in India. Nidhi Companies are registered under the Companies Act, 2013 and are primarily engaged in the business of accepting deposits and lending to their members. The registration of a Nidhi Company in India involves a multi-step process that includes obtaining the necessary approvals, complying with regulatory requirements, and fulfilling various compliance obli ...