Nidhi company registration will need at least 3 and at most 7 owners for incorporation. All the Nidhi companies must have the last word as “Nidhi Limited” at the end of its name. Nidhi Company is a class of NBFCs and RBI is sanctioned to issue directions to them in matters relating to their deposit acceptance activities. However, in recognition of the fact that these Nidhi’s deal with their shareholder-members only.
Nidhi Company Registration in Kolkata is very simple with Sujata Associates as your legal partner. During the Covid-19 or coronavirus breakout, the registration processes are made available online. Sujata Associates provides the most reliable and cost-efficient Nidhi company registration in Kolkata.
The checklist for Nidhi Company Registration is as follows:-
- Pan Card of the Directors.
- Aadhaar/Voter Card/Passport of the Directors
- Passport size photo of the Directors.
- Savings Bank statement of all the Shareholders.
- If rented then the Rent Agreement.
- If Owned Tax Bill Of the Premises
- Electric Bill Of the Premises.
- NOC From the landlord, if rented
Nidhi Company Registration
Un-encumbered term deposits.—Every Nidhi shall invest and continue to keep invested, in unencumbered term deposits with a Scheduled commercial bank (other than a co-operative bank or a regional rural bank), or post office deposits in its own name an amount which shall not be less than ten per cent of the deposits outstanding at the close of business on the last working day of the second preceding month.
If the failure to comply with this rules, Nidhi shall not accept any further deposits from the commencement of the second financial year till it complies with the provisions contained in this rule, besides being liable for penal consequences as provided in the Act.
Nidhi Company registration process
nidhi company registration processing cost
While we are focusing on solving the Human Resources of the businesses, their owners can have more time and focus on their core responsibilities.