What is Nidhi Status and How to apply for Nidhi Company Status? – Myth or reality

By Paras Mehra January 13, 2017

Now, with the advent of Companies Act, 2013 companies does not require any Nidhi status, and they are straight away approved with as a Nidhi status subject to rules and regulations as may be prescribed.

Can Nidhi Company give loan to its directors?

By Paras Mehra January 13, 2017

Yes, Nidhi Company can give a loan to its directors, or his relative in their capacity as members and such transaction is disclosed in the annual accounts by a note.

Membership Form of Nidhi Company – Download

By Paras Mehra January 12, 2017

The membership form of Nidhi Company is everyone’s need and believe it or not, no one gets it right

How to make members In Nidhi Company –step by step procedure

By Paras Mehra January 10, 2017

To make any person a member of Nidhi Company, 1 share must be given to him. However, in case if member wants to have recurring or fixed deposit, the number of shares shall be 10.

How to Avail Tax Benefits Under Startup India Scheme

By Paras Mehra September 21, 2016

In This article, we are talking about the 3 years tax benefits that a startup would get if registered under Startup India scheme initiated by Government of India.

How to know PAN Number of the Company/Business – Know your PAN from Basic Details

By Paras Mehra June 15, 2016

Know your PAN through the easy online tool. Step by step guide to search or find the PAN number of any person online. Know your PAN using Name and date of birth (DOB).

Format of Memorandum of Association (MOA) of Nidhi Company – Download the PDF Copy

By Paras Mehra June 15, 2016

Download the sample Memorandum of Association (MOA) of Nidhi Company. This format of MOA has been drafted in accordance with Nidhi rules and companies act, 2013. This is a latest format and to be used as attachment during Nidhi Company registration.

Format of Articles of Association (AOA) of Nidhi Company – Download the PDF Copy

By Paras Mehra June 15, 2016

Download the sample Articles of association (AOA) of Nidhi Company. This format of Articles of Association has been drafted in accordance with Nidhi rules and companies act, 2013.

Does Nidhi Company require Reserve Bank of India (RBI) approval to register in India?

By Paras Mehra June 15, 2016

This article is about Nidhi company registration. The main point in Nidhi company registration is whether Reserve bank (RBI) approval is required or not? As per RBI notification, Nidhi company does not require any RBI approval.