Thursday, February 25, 2021

Central government asks investors to check antecedents of Nidhi companies before making investments

Under the amended Companies Act, 2013 and the Nidhi Rules, 2014, companies need to get themselves updated or declared as Nidhi company by applying to the Ministry of Corporate Affairs (MCA) in form NDH-4.

source https://economictimes.indiatimes.com/industry/banking/finance/central-government-asks-investors-to-check-antecedents-of-nidhi-companies-before-making-investments/articleshow/81210021.cms

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