NDH-4 Approval in 45 Days - All About Nidhi (Amendment) Rules, 2022

by Agam Gupta 18.7K

If you are running a Nidhi Company or planning to open a Nidhi Company and not sure about the NDH-4 will get approval or not and already frustrated with the amount of compliance you face, we have some good news for you.

The government of India after certain recommendations from committee formed for Nidhi Company working has amended the original Nidhi rules 2014 as amended by Nidhi (amendment) rules 2019 and come up with Nidhi (amendment) Rules 2022.

With new rules, the government try to simplify the things to get Nidhi company get themselves declared as Nidhi Company by getting their NDH4 Approved within stringent timelines specified by these rules.

Government wants to safeguard the interest of general public, and wants that before becoming  member of Nidhi company, one must ensure declaration of a company as a Nidhi by the Central Government and towards this, few necessary/important amendments in the Rules have been carried out which are applicable to the Companies to be incorporated after Nidhi (amendment) Rule, 2022.

These amendments must require amendments done by the ministry in relation to Nidhi companies. As before these rules, most of the Professionals or companies does not know how to reach Regional Directors for Branch approvals or for NDH-4 Filings. We have tried to give the information around Nidhi (Amendment) Rules 2022 in a brief manner, in case of more information required you may reach us to info@hubco.in or you can mention your question in the comment box below.

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