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Home Acts & Rules Companies Law Rules Nidhi Rules, 2014 This

Nidhi Rules, 2014

Rule 1 : Short title and commencement.
Rule 2 : Application.
Rule 3 : Definitions.
Rule 3A : Declaration of Nidhis
Rule 4 : Incorporation and incidental matters.
Rule 5 : Requirements for minimum number of members, net owned fund etc.
Rule 6 : General restrictions or prohibitions.
Rule 7 : Share capital and allotment.
Rule 8 : Membership.
Rule 9 : Net owned funds.
Rule 10 : Branches
Rule 11 : Acceptance of deposits by Nidhis.
Rule 12 : Application form for deposit.
Rule 13 : Deposits.
Rule 14 : Un-encumbered term deposits.
Rule 15 : Loans.
Rule 16 : Rate of interest
Rule 17 : Rules relating to Directors.
Rule 18 : Dividend
Rule 19 : Auditor
Rule 20 : Prudential norms
Rule 21 : Filing of half yearly return
Rule 22 : Auditor’s certificate.
Rule 23 : Power to enforce compliance.
Rule 23A : Compliance with rule 3A by certain Nidhis
Rule 23B : Companies declared as Nidhis under previous company law to file Form NDH-4
Rule 24 : Penalty for non-compliance.
 
 
 
 

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