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  • Rule52 Nidhi Rules 2014 Form

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Not sufficient, separate sheet containing the required details shall be attached) --------------------------------------------------------------------------------1. Name of the Nidhi 2. CIN 3. Registered office 4. Branch details (i) (ii) Total Number of branches Names and addresses of branches within the district (iii) Names and addresses of branches outside the District, if any (iv) Number of branches opened during the half year and their addresses (v) Number of branches closed during the h.

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The main objective of a Nidhi Company is to encourage the noble habits of frugality and savings amongst the members. However, these companies are the Permanent Funds, Benefit Funds, Mutual Benefit Funds, and Mutual Benefit Companies.

—(1) The Director shall be a member of Nidhi. (2) The Director of a Nidhi shall hold office for a term up to ten consecutive years on the Board of Nidhi.

Provided that in cases of unforeseen commitments, temporary withdrawal may be permitted with the prior approval of the Regional Director for the purpose of repayment to depositors, subject to such conditions and time limit which may be specified by the Regional Director to ensure restoration of the prescribed limit of ...

Dividend. A Nidhi shall not declare dividend exceeding twenty five per cent in a financial year. (c) it has complied with all the rules as applicable to Nidhis.

(3) Every Nidhi shall allot to each deposit holder at least a minimum of ten equity shares or shares equivalent to one hundred rupees: Provided that a savings account holder and a recurring deposit account holder shall hold at least one equity share of rupees ten.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232