nidhicompany.co.in
Ozg Nidhi Finance Company Registration n License n ROC Compliance Consultant CA / CS: Provision of Nidhi Company Branch / CSP / Centre
http://www.nidhicompany.co.in/2014/12/provision-of-nidhi-company-branch-csp.html
Provision of Nidhi Company Branch / CSP / Centre. 1) A Nidhi may open branches, only if it has earned net profits after tax continuously during the preceding three financial years. 2) Subject to the provisions contained in sub-rule (1), a Nidhi may open upto three branches within the district. 4) No Nidhi shall open branches or collection centres or offices or deposit centres, or by whatever name called outside the State where its registered office is situated. C) gives an intimation to the Registrar wit...
nidhicompany.co.in
Ozg Nidhi Finance Company Registration n License n ROC Compliance Consultant CA / CS: Nidhi Company Loans & Rate of Interest
http://www.nidhicompany.co.in/2014/12/nidhi-company-loans-rate-of-interest.html
Nidhi Company Loans and Rate of Interest. 1) A Nidhi shall provide loans only to its members. 2) The loans given by a Nidhi to a member shall be subject to the following limits, namely:-. A) two lakh rupees, where the total amount of deposits of such Nidhi from its members is less than two crore rupees;. B) seven lakh fifty thousand rupees, where the total amount of deposits of such Nidhi from its members is more than two crore rupees but less than twenty crore rupees;. A) gold, silver and jewellery:.
nidhicompany.co.in
Ozg Nidhi Finance Company Registration n License n ROC Compliance Consultant CA / CS: Acceptance of deposits by Nidhi Company
http://www.nidhicompany.co.in/2014/12/acceptance-of-deposits-by-nidhi-company.html
Acceptance of deposits by Nidhi Company. Acceptance of deposits by Nidhis. 1) A Nidhi shall not accept deposits exceeding twenty times of its Net Owned Funds (NOF) as per its last audited financial statements. Ratio of Net Owned Funds to Deposits (as on 31.3. 2013). Date by which the company has to achieve prescribed ceiling of 1:20. A) More than 1:20 but upto 1:35. By 313. 2015. B) More than 1:35 but upto 1:45. By 313. 2016. C) More than 1:45. By 313. 2017. Application form for deposit -. E) Net profits...
nidhicompany.co.in
Ozg Nidhi Finance Company Registration n License n ROC Compliance Consultant CA / CS: General restrictions on Nidhi Company
http://www.nidhicompany.co.in/2014/12/general-restrictions-on-nidhi-company.html
General restrictions on Nidhi Company. General restrictions or prohibitions. A) carry on the business of chit fund, hire purchase finance, leasing finance, insurance or acquisition of securities issued by any body corporate;. B) issue preference shares, debentures or any other debt instrument by any name or in any form whatsoever;. C) open any current account with its members;. E) carry on any business other than the business of borrowing or lending in its own name:. H) take deposits from or lend money t...
nidhicompany.co.in
Ozg Nidhi Finance Company Registration n License n ROC Compliance Consultant CA / CS: Requirement
http://www.nidhicompany.co.in/p/requirement.html
Requirements for minimum number of members, net owned fund etc -. 1) Every Nidhi shall -. A) not less than two hundred members;. B) Net Owned Funds of ten lakh rupees or more;. C) unencumbered term deposits of not less than ten per cent of the outstanding deposits as specified in rule 14; and. D) ratio of Net Owned Funds to deposits of not more than 1:20. General restrictions or prohibitions -. B) issue preference shares, debentures or any other debt instrument by any name or in any form whatsoever;.
nidhicompany.co.in
Ozg Nidhi Finance Company Registration n License n ROC Compliance Consultant CA / CS: Nidhi Company Membership, Share Capital & Allotment
http://www.nidhicompany.co.in/2014/12/nidhi-company-membership-share-capital.html
Nidhi Company Membership, Share Capital and Allotment. Nidhi Company Membership -. 1) A Nidhi shall not admit a body corporate or trust as a member. 2) Except as otherwise permitted under these rules, every Nidhi shall ensure that its membership is not reduced to less than two hundred members at any time. 3) A minor shall not be admitted as a member of Nidhi: Provided that deposits may be accepted in the name of a minor, if they are made by the natural or legal guardian who is a member of Nidhi. Ozg Nidh...
nidhicompany.in
Ozg Nidhi Company Registration CA: Nidhi Finance Company Membership, Share Capital & Allotment
http://www.nidhicompany.in/2015/01/nidhi-finance-company-membership-share.html
Nidhi Finance Company Membership, Share Capital and Allotment. Nidhi Company Membership -. 1) A Nidhi shall not admit a body corporate or trust as a member. 2) Except as otherwise permitted under these rules, every Nidhi shall ensure that its membership is not reduced to less than two hundred members at any time. 3) A minor shall not be admitted as a member of Nidhi: Provided that deposits may be accepted in the name of a minor, if they are made by the natural or legal guardian who is a member of Nidhi.
nidhicompany.co.in
Ozg Nidhi Finance Company Registration n License n ROC Compliance Consultant CA / CS: Loan / Deposit / Collection Branch in Nidhi Company Rules, 2014 - Indian Companies Act 2013
http://www.nidhicompany.co.in/2014/12/loan-deposit-collection-branch-in-nidhi.html
Loan / Deposit / Collection Branch in Nidhi Company Rules, 2014 - Indian Companies Act 2013. Ozg Nidhi / Mutual Benefit Co. Experts. Ozg Business Resource Center. In exercise of the powers conferred under sub-section (1) of section 406 read with sub-sections (1) and (2) of 469 of the Companies Act,2013, the Central Government hereby makes the following rules, namely:-. 1 Short title and commencement -. 1) These Rules may be called Nidhi Rules, 2014. These rules shall apply to,-. C) “Loss Asset̶...
nidhicompany.in
Ozg Nidhi Company Registration CA: Nidhi Company - MCA Rules, 2014
http://www.nidhicompany.in/2015/01/nidhi-company-mca-rules-2014.html
Nidhi Company - MCA Rules, 2014. Ozg Nidhi / Mutual Benefit Co. Experts. Ozg Business Resource Center. In exercise of the powers conferred under sub-section (1) of section 406 read with sub-sections (1) and (2) of 469 of the Companies Act,2013, the Central Government hereby makes the following rules, namely:-. 1 Short title and commencement -. 1) These Rules may be called Nidhi Rules, 2014. 2) They shall come into force on the date of their publication in the Official Gazette. These rules shall apply to,-.
