Power to modify Act ‑ Notification notifying provisions of the Act as not applicable or applicable with modification in relation to nidhis, etc. - GSR 978, - Companies Law

Notification : No. GSR 978, dated 28-5-1963. Subject:- Power to modify Act ‑ Notification notifying provisions of the Act as not applicable or applicable with modification in relation to nidhis, etc. GSR 978.- In exercise of the powers conferred by section 620A of the Companies Act, 1956 (1 of 1956), the Central Government hereby- (i) declares the companies specified in Schedules I and II annexed hereto as nidhis and mutual benefit societies respectively; and (ii) directs that the provisions of the said Act specified in column (1) of Schedule III annexed hereto shall not apply or, as the case may be, shall apply with the exceptions, modifications and adaptations specified in the corresponding entry in column (2) thereof, to such nidhis and mutual benefit societies. SCHEDULE I : NIDHIS 1. Adambakkam Janopakara Saswatha Nidhi Ltd., Madras 2. Alandur Praja Sahaya Saswatha Nidhi Ltd., Madras 3. Bhuvanagiri Hindu Saswatha Paropakara Nidhi Ltd., Madras 4. Chennai Sri Andal Dhanasekara Saswatha Nidhi Ltd., Madras 5. Chennai Sri Ekambareswarar Saswatha Nidhi Ltd., Madras 6. Chidambaram Hindu Saswatha Jananukula Nidhi Ltd., Madras 7. Chingleput Dhanasekara Nidhi Ltd., Madras 8. Choolai Janopakara Nidhi Ltd., Madras 9. Conjeevaram Hodsonpet Dhanasekara Nidhi Ltd., Madras 10. Cuddalore Permanent Fund Ltd., Madras 11. Egmore Benefit Society Third Branch Ltd., Madras 12. Kumbakonam Mutual Benefit Fund Ltd., Madras 13. Madras Catholic Permanent Fund Ltd., Madras 14. Madras Christian Benefit Fund Ltd., Madras 15. Madras Mutual Benefit Permanent Fund Ltd., Madras 16. Madras Purasawalkam Hindu Janopakara Saswatha Nidhi or the Permanent General Benefit Fund Ltd., Madras 17. Madura Hindu Permanent Fund Ltd., Madras 18. Muthialpet Benefit Fund Ltd., Madras 19. Mylapore Hindu Permanent Fund Ltd., Madras 20. Nagapatnam Permanent Fund Ltd., Madras 21. Nungambakkam Saswatha Dhana Rakshaka Nidhi Ltd., Madras 22. Pudupakkam Permanent Fund Ltd., Madras 23. Purasawalkam Dhana Vardhana Saswatha Nidhi Ltd., Madras 24. Purasawalkam Hindu Santhatha Sanga Nidhi Ist Branch Ltd., Madras 25. Purasawalkam Permanent Fund Ltd., Madras 26. Paraspara Sahaya Nidhi (Perambur) Ltd., Madras 27. Shiyali Janopakara Nidhi Ltd., Madras 28. Sivagana Shri Meenakshi Swadeshi Saswatha Nidhi Ltd., Madras 29. Shri Villiputhur Permanent Fund Ltd., Madras 30. Sunrise Corporation Ltd., Madras 31. Thiyagarayanagar Fund Ltd., Madras 32. Tinnelvelly District Permanent Fund Ltd., Madras 33. Tiruvatteeswaran Hindu Janopakara Nidhi Ltd., Madras 34. Triplicane Permanent Fund Ltd., Madras 35. Trivellore Janopakara Saswatha Nidhi Ltd., Madras 36. Villupuram People s Mutual Benefit Society Ltd., Madras 37. Abiramapuram Fund Ltd., Madras 38. Arcot Dhana Sekara Nidhi Ltd., Madras 39. Arcot Tiruvalluvar Nidhi Ltd., Madras 40. Saraswathi Vilasam Shanmugananda Nidhi Ltd., Madras 41. Thirumagal Mutual Benefit Fund Ltd., Madras 42. Varalakshmi Fund (Vellore) Ltd., Madras 43. Vellore Saswatha Nidhi Ltd., Madras 44. Walajabad Dhanasekara Saswatha Nidhi Ltd., Madras 45. Chittoor Saswatha Nidhi Ltd., Andhra Pradesh 46. Madanapalle Sri Venkateswara Nidhi Ltd., Andhra Pradesh 47. Anantapur Sri Satyanarayana Nidhi Ltd., Andhra Pradesh 48. Nellore Permanent Fund Ltd., Andhra Pradesh 49. Adoni Arya Vaisya Fund Ltd., Andhra Pradesh 50. Dharamavaram Mutual Benefit Permanent Fund, Andhra Pradesh 51. Anantapur National Fund Ltd., Andhra Pradesh 52. Hindupur Mutual Benefit Permanent Fund Ltd., Andhra Pradesh 53. Madakasira Mutual Benefit Permanent Fund Ltd., Andhra Pradesh 54. Penukonda Maruthi Benefit Permanent Fund Ltd., Andhra Pradesh 55. Bangalore Cantonment Permanent Fund Ltd., Mysore 56. Harpanahallai Sree Venkataramanaswamy Permanent Bhandar Ltd., Mysore 57. Ballary Brucepeettah Hindu Mutual Benefit Permanent Fund Ltd., Mysore 58. Hospet Ryots Agro-Industrial Corporation Ltd., Mysore 59. Anantapur Sree Vasavamba Permanent Fund Ltd., Andhra Pradesh [60. Shri Vasavi Parameswari Permanent Fund Ltd., Madras 61. Kuries Trades Ltd., Ernakulam 62. Saidapet Saswatha Nidhi Ltd., Madras 63. Shree Rajagopaul Benefit Fund Ltd., Madras 64. The Madras Chromepet Permanent Fund Ltd., Madras 65. The Adoni Mutual Benefit Permanent Fund Ltd., Andhra Pradesh 66. Sriman Madhva Sidhanta Permanent Nidhi Ltd. 67. Thirumylai Saswatha Sahaya Nidhi Ltd. 68. Taheri Aid Fund Ltd. 69. Kumbakonam Diocesan Catholics Permanent Fund Ltd. 70. Matha Vara Nidhi Ltd. 71. Amritsar Radhasaomi Finance Co. (P.) Ltd. 72. Nambalam Benefit Society Ltd. 73. Makkal Nala Abivirthi Niddhi Ltd. 74. Kilpank Benefit Society Ltd. 75. Samarasa Mutual Benefit Fund Ltd. 76. Chromepet Saswatha Nidhi Ltd. 77. Sri Raja Raja Cholan Mutual Benefit Fund Ltd. 78. Palghat Permanent Fund Ltd. 79. Grama Nala Saswatha Nidhi Ltd. 80. Kondan Mutual Benefit Fund Ltd. 81. Sri Saithai Mutual Benefit Fund Ltd. 82. Mini Mutual Benefit Fund Ltd. 83. Annanagar Janopakara Nidhi Ltd. 84. Dhanalakshmi Funds (India) Ltd. 85. Aminjikarai Benefit Fund Ltd., Madras 85. Aminjikarai Benefit Fund Ltd., Madras 86. 87. Jawahar Nagar Nidhi (Madras) Ltd. 88. Shenoy Nagar Saswatha Nidhi Ltd., Madras 89. 90. 91. Kayanat Permanent Fund Ltd. 92. Piravom Funds Ltd. 93. Chennapuri Mutual Benefit Fund Ltd. 94. Chetpet Saswatha Nidhi Ltd. 95. Royapettah Benefit Fund Ltd. 96. Shenoy Nagar Benefit Fund Ltd. 97. Kalaimagal Mutual Benefit Fund Ltd. 98. Mini Muthoottu Mutual Funds Ltd. 99. Dravidian Benefit Fund Ltd. 100. Ashoknagar Janopakara Saswatha Nidhi Ltd. 101. 102. St. Mary s Finance Ltd. 103. Tamilnadu Viswakarma Mutual Benefit Fund Ltd. 104. Shree Ambika Nidhi Ltd. 105. West Mambalm Permanent Fund Ltd. 106. Al-Falah Mutual Benefits Ltd. 107. Manipal Sowbhagya Nidhi Ltd. 108. Jayalakshmi Mutual Benefits Fund Ltd.. 109. Kodambakkam Benefits Fund Ltd. 110. 111. Park Town Benefit Fund Ltd. 112. 113. 114. 115. Kanchi Mutual Benefit Fund Ltd. 116. Thirumangalam Janopakara Permanent Fund Ltd 117. St. Marry s Funds Ltd. 118. Sreevari Benefit Society Ltd. 119. Gillnagar Benefit Fund Ltd. 120. Kerala Permanent Fund Ltd. 121. Pammal Makkal Nala Fund Ltd. 122. Pondicherry Mutual Benefit Fund Ltd. 123. Bliss Benefit Fund Ltd. 132. Alwarpet Benefit Fund Ltd. 133. Al-Najib Milli Mutual Benefit Funds Ltd. 134. Nirappukattil Mutual Funds Ltd. 135. Mannady Permanent Fund Ltd. 136. Virudhunagar Benefit Fund Ltd. 137. Sri Akilakrishna Benefit Society Ltd. 138. South East Benefit Fund Ltd. 139. Rasi Nidhi Ltd. 140. Sri Kandaswamy Permanent Fund Ltd. 141. Sri Padmanabha Permanent Fund Ltd. 142. Incan Mutual Benefit Ltd. 143. Subham Benefit Fund Ltd. 144. Saibala Benefit Fund Ltd. 145. Tulasi Krishna Permanent Fund Ltd. 146. Indian Members Benefit Fund Ltd. 147. Nanganallur Permanent Fund Ltd. 148. Peravallur Permanent Fund Ltd. 149. Ayodhya Benefit Fund Ltd. 150. Self Growth Nidhi Ltd. 151. Shri Samundeswari Benefit Fund Ltd. 152. ICS Benefit Fund Ltd. 153. Shri Navrathana Benefit Fund Ltd. 154. Sullivan Garden Benefit Fund Ltd. 155. Shabab Islamic Investment and Mutual Benefits (India) Limited, Lucknow 156. Venkatesapuram Benefit Fund Limited, Madras 157. Canara Nidhi Limited, Manipal 158. SMP Mutual Benefit Limited, Haldwani, Uttar Pradesh 159. Trywell Finance Mutual Benefit Company Limited, New Delhi 160. The Hasnapuram Mutual Benefit Permanent Fund Limited, Madras 161. Manappuram Benefit Fund Limited, Trissur 162. Galaxy Mutual Benefit Company Limited, Lucknow 163. Alagendran Benefit Fund Limited, Madras 172. Devta Mutual Benefits Limited, Meerut 173. Sanjeevarayan Benefit Fund Limited, Madras 174. Manali Benefit Fund Limited, Madras 175. Eldico Mutual Benefit Company Limited, Lucknow. 176. Sidhartha Mutual Benefit Fund Limited, New Delhi 177. Pallavan Mutual Benefit Fund Limited, Madras 178. Devidas Finance Limited, Puttur 179. Thiru-Vi-Ka Nagar Benefit Fund Limited, Madras 180. Kumari Benefit Fund Limited, Madras 181. Vellavedu Benefit Fund Limited, Vellavedu, Tamil Nadu 182. Promptekk Benefit Fund Limited, Madras 183. Sarvajana Benefit Fund Limited, Madras 184. Sri Muthukumaraswamy Permanent Fund Limited, Madras 185. Perfect Benefit Fund Limited, Madras 186. Trichy Rockcity Benefit Fund Limited, Trichy, Tamil Nadu 187. Vedaraniam Benefit Fund Limited, Vedaraniam, Tamil Nadu 188. Crystal India Mutual Benefits Limited, District Nainital, Uttar Pradesh 189. Gowthami Permanent Fund Limited, Kakinada, Andhra Pradesh 190. Kaveripatnam Benefit Fund Limited, Dharmapuri, Tamil Nadu 191. Shri Shanthi Nath Benefit Fund Limited, Villupuram, Tamil Nadu 192. Veejay Benefit Fund Limited, Madras. 193. Chepauk Benefit Fund Limited, Chennai 194. Baggyalakshmi Benefit Fund Limited, Chennai 195. Samayapuram Mariamman Benefit Fund Limited, Trichy, Tamilnadu 196. Lakshmipuram Benefit Fund Limited, Tiruninravur, Chennai 197. Sri Devigayathri Benefit Fund Limited, Chennai 198. Eravi Vinayagar Benefit Fund Limited, Kanyakumari District, Tamilnadu 199. Bhavsar Maratah Benefit Fund Limited, Chennai 200. Minjur Benefit Fund Limited, Minjur, Tamilnadu 201. Sakthi Benefit Fund Limited, Chennai 202. Kulitalai Benefit Funds Limited, Kulitalai, Tamilnadu 203. Kudumba Vilakku Benefit Fund Limited, Thanjavur, Tamil nadu 204. Karur Benefit Fund Limited, Karur, Tamil Nadu. 205. Town Benefit Fund (Kumbakonam) Limited, Kumbakonam, Tamil Nadu. 206. City Benefit Fund (Kumbakonam) Limited, Kumbakonam, Tamil Nadu. 207. Kasthuribai Benefit Fund Limited, Vellore, Tamil Nadu. 208. Merchants Benefit Fund Limited, 341, Indira Nagar, Neyveli - 607801, Tamil Nadu. 209. Bethel Benefit Fund Limited, 33, (Old No. 18) Srinivasa Raghavan Road, Srinivasa Nagar, Perungalathur, Chennai ‑ 600063. 210. Tindivanam Benefit Fund Limited, No. 4, Thiruvalluvar Street, Tindivanam - 604001, Tamil Nadu. 211. Neema Benefit Fund Limited, Neema Buildings, Adoor, Pathanamthitta Distt., Kerala - 691523. 212. Sri Maragathambigai Benefit Fund Limited, 466, J.N. Street, Tindivanam - 604001, Tamilnadu 213. Varthaka Mandal Nidhi Limited, XL/6013, T.D. Shopping Complex, T.D. West Road, Ernakulam - 682035, Kerala. 214. Ayanavaram Permanent Fund Limited, 11/7, Parasurama Easwaran Koil Street, Ayanavaram, Chennai - 600023. 215. Amaravatthi Benefit Fund Limited, No. 15, 1st Street, Conransmith Road, Gopalapuram, Chennai - 600086. 216. Sree Venkata Krupa Permanent Fund Limited, 3-5-131, Adrathi Lane, Tirupati - 517501, Andhra Pradesh. 217. Arumbakkam Benefit Fund Limited, 28A, New No. 6, Poonamallee High Road, Arumbakkam, Chennai - 600106. 218. Thiruvanmiyoor Permanent Fund Limited, Annamalai Complex, 123-A, Dr. Muthulakshmi Road, Chennai - 600041. 219. Hari Sankara Benefit Fund Limited, No. 5, East Street, Tirukoilur - 605757, Tamilnadu. 220. Chiranjeevi Benefit Fund Limited, 13/7, Thiruchen dur Road, Tuticorin - 628003, Tamilnadu. 221. Sri Benefit Fund Limited, 39, Bazaar Street, Sirkali - 609110, Tamilnadu. 222. Villivakkam Janopakara Fund Limited, 1, Meetu Street, Villivakkam, Chennai - 600049. 223. South Madras Benefit Fund Limited, 20, Kallukaran Street, Mylapore, Chennai-600004. 224. Thiruvallur Thripurasundari Benefit Fund Limited, 33, North Raja Street, Tiruvallur-602001, Tamilnadu. 225. Sri Annamalai Benefit Fund Limited, 1st Floor, Annamalai Tower, 50, Kubera Street, Villupuram-605602, Tamilnadu. 226. Thendral Benefit Fund Ltd., No. 44, 6th Cross Street, M.K.B. Nagar, Chennai-600039. 227. T.V.R. Benefit Fund Limited, 66, East Main Street, Thiruvarur-610001, Tamilnadu. 228. Lalapet Benefit Fund Limited, 2/60 (New No. 2/87), Main Road, Lalapet-639105, Karur District, Tamilnadu. 229. Jeya Bharath Benefit Fund Limited, New No. 15(8), C.N.K. Road, Chepauk, Chennai-600005. 230. Twin Cities Permanent Fund Limited, 1-1-790, Ashok Nagar Extension, Gandhinagar, Hyderabad-500080, Andhra Pradesh. 231. Thiyagadurugam Benefit Fund Limited, No. 7, Kavarai Street, Thiyagadurugam-606206, Tamilnadu. 232. Sembiam Benefit Fund Limited, New No. 154 (Old No. 251), Paper Mills Road, Ist Floor, Perambur, Chennai-600011. 233. Vijaysubham Benefit Fund Limited, 117, North Car Street, Sirkali-609110, Tamilnadu. 234. Madurai City Benefit Fund Limited, 71, North Veli Street, Simmakkal, Madurai-625001, Tamilnadu. 235. Rajapalayam Benefit Fund Limited, 428-A, Ambalapuli Bazar, Ist Floor, Rajapalayam-626117, Tamilnadu. 236. Prakasam District Permanent Fund Limited, 23-1-106, Gandhi Road, Ongole-523001, Andhra Pradesh. 237. Collector Nagar Benefit Fund Limited, 2/267, Mugappair East, Chennai-600050. 238. Chordia Benefit Fund Limited, 29/A2, Panruti Road, Ulundurpet-606107, Tamilnadu. 239. SRM Benefit Fund Limited, 3, Veerasamy Street, West Mambalam, Chennai-600033. 240. East West Benefit Fund Limited, F41/4, Ist. Floor, First Main Road, Anna Nagar East, Chennai-600102. 241. Variar Benefit Fund Limited, Flat No. 193/8, Asiad Colony, Jawaharlal Nehru Road, Anna Nagar, West Extension, Chennai-600101. 242. Azax Benefit Fund Limited, No. 666/1, T.H. Road, Chennai-600019. 243. Muthoot Mercantile Syndicate Limited, 75, Attukal Shopping Complex, East Fort, Thiruvananthapura-695023, Kerala. 244. Uttiramerur Benefit Fund Limited, No. 45, Bazar Street, Uttiramerur-603406, Tamilnadu. 245. Kasi Viswanathar (Chennai) Benefit Fund Limited, No. 9, Market Street, (1st Floor), Ayanavaram, Chennai-600023. 246. Raj Benefit Fund Limited, 2F, Bharathy Road, Cuddalore-607 001, Tamil Nadu. 247. Trisea Benefit Fund Limited, 227F, Roy Building, Rajakkamangalam Road, Ramanputhoor, Nagercoil-4, Tamil Nadu. 248. Vilavancode Selfreliance Credit Services Limited, Good News Centre, Unnamalakadai-629 179, Tamil Nadu. 249. Muthoot M. George Permanent Fund Limited, P.B. No. 11, Muthoot Buildings, Kozhencherry, Kerala. 250. North West Madras Benefit Society Limited, 59/22A, First Main Road, Jawahar Nagar, Chennai-600082. 251. Purasai Benefit Fund Limited, 60 (Old No. 169), Vellala Street, Purasawalkam, Chennai-600084. 252. Dhana Chakra Permanent Fund (India) Limited, Door No. 3-57/1, Opp. Vinayaka Temple, Main Road, Kondapalli-521228, Vijayawada, Andhra Pradesh. 253. Vijaya Krishna Benefit Fund Limited, Gajavalli Mansions, 11-14-5, Opp. S.B.I. Velagaletivari Street, Vijayawada-520001, Andhra Pradesh. 254. Rani Mangammal Benefit Fund Limited, 160, Big Bazar Street, Trichy-620008, Tamil Nadu. 255. Sree Varadaraja Benefit Fund Limited, New No. 149/1, Old No. 63/1 Purasawalkam High Road, Purasawalkam, Chen nai-600007. 256. Sri Kaalihambal Benefit Fund Limited, No. 281/18, T.H. Road, Chennai-600021. 257. Coastal Permanent Fund Limited, 11-62-125, Canal Road, Vijayawada-520001, Andhra Pradesh. 258. Nachhiarkoil Town Benefit Fund Ltd., 5/3, North Street, Nachhiarkoil-612 602, Tamilnadu. 259. Business Benefit Company Limited, Transworld Towers, Business Lane, Andamukkam, Beach Road, Kollam-1, Kerala. 260. Kothattai Benefit Fund Limited, 369/1, Main Road, Pennadam-606 105, Tamilnadu. 261. Brindavan Nagar Benefit Fund Limited, Sree Venkateswara Nilayam, No. 71, Mahalakshmi Nagar, 5th Cross Street, Brindavan Nagar, Adambakkam, Chennai-600 088, Tamilnadu. 262. Sri Ambal Benefit Fund Limited, No. 6, Mela Sannadhi Street, Vedaranyam, Tamilnadu. 263. Erode Benefit Fund Limited, 116, Bazaar Street, Kavindapadi-638 455, Erode (RMS), Tamilnadu. 264. Sri Mangalam Benefit Fund Limited, 139, T.H. Road, Kaladipet, Thiruvottiyur, Chennai-19, Tamilnadu. 265. Sri Veerabathira Benefit Fund Limited, 76, Nanayakara Street, Nagapattinam-611 011, Tamilnadu. 266. Madras Harbour Benefit Fund Limited, New No. 5, (Old No. 9) Nyniappn Street, (behind Broadway Theatre), Mannady, Chennai-600 001, Tamilnadu. 267. Kumari Christavar Benefit Fund Limited, III-A, Joshua Street, Nagercoil-629 001, Tamilnadu. 268. Kannadasan Nagar Benefit Fund Limited, New No. 144-A, (Old No. 32A), T.H. Road, M.R. Nagar, Kodungaiyur, Chennai-600 118. 269. Kanya Benefit Fund Limited, Sat Anugraha , Cross Road, North Car Street, Nagercoil-629 001, Tamilnadu. 270. Hold Grow Benefit Funds Limited, 1st floor, Kamalam Complex, No. 8-B, Dr. Besant Road, Kumbakonam-612 001, Tamilnadu. 271. Kundavai Benefit Fund Limited, 180/2435, South Main Street, Thanjavur-613 009, Tamilnadu. 272. Koyambedu Permanent Fund Limited, 853, Sixth Avenue, 13th Main Road Junction, Anna Nagar West, Chennai - 600 040, Tamilnadu. 273. Shree Vijayaram Benefit Fund Limited, Plot No. B4/4, 1st Floor, 80 Feet Road, Anna Nagar, Madurai - 625 020, Tamilnadu. 274. Suriyan Benefit Fund (Madras) Limited, New No. 46, (Old No. 487), Mint Street, Chennai-600 079, Tamilnadu. 275. Woriur Benefit Fund Limited, 116, Walaja Road, Woriur, Trichy-620 003, Tamilnadu. 276. Panruti Benefit Funds Limited, 124/4, V.O.C. Street, Panruti-607 106, Tamilnadu. 277. Vaitheeswarankoil Benefit Fund Limited, 6/7, Senbagavalli Street, Vaitheeswarankoil 609 117, Nagapattinam District, Tamilnadu. 278. Dew Drop Benefit Fund Limited, 10, 45th Street, 9th Avenue, Ashok Nagar, Chennai-600 083, Tamilnadu. 279. Teachers Welfare Credit Holding Limited, 10/99, Bejoygarh, Jadavpur, Calcutta - 700 092. 280. Saligramam Benefit Fund Limited, No. 7-D, Arunachalam Road (Upstairs), Saligramam, Chennai - 600 093, Tamilnadu. 281. Pegasus Permanent Fund Limited, 3-6-736 737, Street No. 12, Himayatnagar, Hyderabad-500 029, Andhra Pradesh. 282. A.S.S. Benefit Fund Limited, Checkittavilai, Vattakottai, Mangarai, P.O.-629 157, Tamilnadu. 283. Central Madras Benefit Fund Limited, CMBF Maaligai, P-7 M.M.D.A. Colony, (Arumbakkam), Chennai - 600 106, Tamilnadu. 284. East Gate Benefit Fund Limited, 126-A, Pampatti Street, East Gate, Thanjavur-613 001, Tamilnadu. 285. Camp Road Benefit Fund Limited, Sakthi Complex, 201/807, Velachery Road, Selaiyur, Chennai-600 073, Tamilnadu. 286. Ashok Nagar Benefit Fund Limited, New No. 72, Old No. 83/1, 53rd Street, 7th Avenue, Ashok Nagar, Chennai - 600 083, Tamilnadu. 287. Gomukhi Benefit Fund Limited 21-B, Gandhi Road, Kallakurichi-606 202, Villupuram District, Tamilnadu. 288. Social Mutual Benefits Co. Limited, Social Bhawan, Anekant Palace, 29, Rajpur Road, Dehradun - 248 001 (U.A.). 289. Kuzhithurai Benefit Fund Limited, Kazhuvanthitta, Kuzhithurai (P.O.), Kanyakumari District, Tamilnadu. 290. Suresh Benefit Fund Limited, New No. 5, Old No. 2, Kulandai Gramani Street, Purasawakkam, Chennai - 600 084, Tamilnadu. 291. Nagai Sivasakthi Benefit Fund Limited, No. 20, Neela South Street, Nagapattinam - 611 001, Tamilnadu. 292. M/s. Purasaiwakkam Gangatheeshwarar Benefit Fund Limited, New No. 91 (Old No. 101), 1st Floor, Vellala Street, Purasaiwakkam, Chennai - 600 084. 293. M/s. Thiruvarangam Benefit Fund Limited, 2/C, S.V.Chari Road, Srirangam, Trichy - 620 006. 294. M/s. Servaroys Benefit Fund Limited, Flat No. 37/E, Karuneegar Street, Adambakkam, Chennai - 600 088. 295. M/s. Pothigai Benefit Fund Limited, 75/34, College Road, Ambasamudram - 627 401, Tamilnadu. 296. M/s. Tirupati Benefit Fund Limited, 559-A, Reddy Reddy Colony, Tirupati - 517 501, Andhra Pradesh. 297. M/s. Surana Benefit Fund Limited, No. 14, Maniyam Kanda Swamy Street, Tindivanam-604 001, Tamilnadu. 298. M/s. Sri Girivaru Benefit Society Limited, New No. 1041, Old No. 525/2, Poonamallee High Road, Arumbakkam, Chennai - 600 106. 299. M/s. The Thiruvottiyur Benefit Fund Limited, 14, Sannadhi Street, Thiruvottiyur, Chennai - 600 019. 300. M/s. Sree Thanigaivelan Benefit Fund Limited, No. 14/G1, 1st Main Road, South High Court Colony, Villivakkam, Chennai - 600 049. 301. M/s. Cheyyar Sri Vasavi Benefit Fund Limited, B. Ramakannu Chettiar Building, N. No. 113, O. No. 40, Gandhi Road, Cheyyar - 604 407, T.V. Malai District, Tamilnadu. 302. M/s. Sri Bhagyalakshmi Benefit Fund Limited, 2/15, Opp. Balaram Theatre, Srikalahasti - 517 644, Andhra Pradesh. 303. M/s. S.A. Benefit Fund Limited, 174, West Car Street, Chidambaram - 608 001, Tamilnadu. 304. M/s. Puthu Perungalathur Benefit Fund Limited, No. 41, Kamarajar Nedunchalai, New Perungalathur, Chennai - 600 063. 305. M/s. Ashwini Benefit Fund Limited, No. 101-B, Neeli Appadurai Street, Ponneri - 601 204, Tamilnadu. 306. M/s. Maragadhambal Benefit Fund Limited, No. 128 (New). Erukkanchery High Road, Vyasarpadi, Chennai - 600 039. 307. M/s. Sri Arunai Benefit Fund Limited. 13, Thenmathathi Street, Tiruvannamalai - 606 601, Tamilnadu. 308. M/s. Sri Mukunth Benefit Fund Limited, 9 J/1, Jawahar Main Street, S.S. Colony, Madurai - 625 010, Tamilnadu. 309. M/s. East Rajaji Nagar Benefit Fund Limited, No. 84/71, Jayaprakash Street, Jambulingam Main Road, G.K.M. Colony, Chennai - 600 082. 310. M/s. Kudalmanagar Benefit Fund Limited, Aruna Arcade, 37, Kansamettu Street, Ist Floor, Madurai - 625 020, Tamilnadu. 311. M/s. Sri Ratna Permanent Fund Limited, D. No. 34-1-19/1, Temple Street, Kakinada - 533 001, Andhra Pradesh. 312. M/s. Bhuvanagiri Benefit Fund Limited, No. 30, Yadava Street, Bhuvanagiri - 608 601, Cuddalore District, Tamilnadu. 313. M/s. Bharani Saswatha Sahaya Nidhi Limited, 3-35, Main Road, Uppal, Hyderabad - 500 039. 314. M/s. Tirukkoilur Benefit Fund Limited, 8, Market Street, Tirukkoilur-605 757, Tamilnadu. 315. M/s. Ananthapuri Benefit Fund Limited, Flat No. 207, Nandini Gardens, West Fort, Trivandrum - 23, Kerala. 316. M/s. Alankar Benefit Fund Limited, 29, Shivaji Nagar, Thanjavur-620 001, Tamilnadu. 317. M/s. Vulcan Benefit Fund Limited, 29/30, 2nd Floor, SNS Plaza, No. 41, Kumara Krupa Road, Bangalore - 560 001, Karnataka. 318. M/s. Mahalakshmi Benefit Fund Limited, No. 71 (New 18), Jayarama Chetty Street, lst Floor, Vellore - 632 004, Vellore District, Tamilnadu. 319. M/s. Kottai Benefit Fund Limited, 121, Thalayari Street, Pattukkottai - 614 601, Thanjavur District, Tamilnadu. 320. M/s. Adhisesan Pettai Benefit Fund Limited, 258, Bodupatti Road, Mullai Nagar, A.S. Pettai, Namakkal - 637 001, Tamilnadu. 321. M/s. Port City Benefit Fund Limited, No. 21-D/2, W.G.C. Road, Tuticorin-628 002. Tamilnadu. 322. M/s. Arcot Sri Mahaveer Benefit Fund Limited, No. 117, Bazar Street, Arcot - 632 503, Vellore District, Tamilnadu. 323. M/s. Perambur Benefit Society Limited, 14/196, Perambur Barracks Road, Chennai - 600 012. 324. M/s. Nirmal Krishna Benefit Fund Limited, Mathempala, Palukal P.O., K.K. District - 629 170, Tamilnadu. 325. M/s. Periapet Benefit Fund Limited, 1, Soodiammanpet Street, Saidapet, Chennai - 600 015. 326. M/s. Mangaiyaar Benefit Fund Limited, 7/54, Junction Main Road, Ideal Garden Complex, Five Road, Salem - 636 004, Tamilnadu. 327. M/s. Veer Mutual Benefits Limited, Delhi Road, New Hardwar-249 407. 328. M/s. KAY ESS ARR Benefit Fund Limited, 12/161, G.R. Complex, Theppakulam Street, Tiruchengode - 637 211, Namakkal District, Tamilnadu. 329. M/s. Vilavancode Benefit Fund Limited, VBF Towers , Main Road, Marthandam - 629165, Tamilnadu. 330. M/s. Arunattu Benefit Fund Limited, New No. 399, Poonamalee High Road, Aminjikarai, Chennai - 600 029. 331. M/s. Padma Balaji Benefit Fund Limited, 103A, Ayyanar Koil Main Road, Sellur, Madurai - 625 002, Tamilnadu. 332. M/s. Ramanathapuram Benefit Fund Limited, 87-B, Vandikkara Street, First Floor, Ramanathapuram - 623 501. 333. Ms. Karavilai Benefit Fund Limited, 8-12A, Vijayam, Karavilai, Villukury-629 180, Kanyakumari District, Tamilnadu. 334 M/s. Mayuranathar Benefit Fund Limited, Taj Complex, 123-A No. 2 Road, Mayiladuthurai-609 001, Tamil Nadu. 335. M/s. Kalpataru Katariya Benefit Fund Limited, Katariya Complex, (1st Floor) 31, Maniyakara Street, Arakkonam-631 001, Tamil Nadu. 336. M/s. Periyakulam Benefit Fund Limited, 81, South Street, Thenkarai, Periyakulam, Tamil Nadu. 337. M/s. Sri Neelayathachi Benefit Fund Limited, 3, Big Bazar Street, Nagapattinam, Tamil Nadu. 338. M/s. Palavakkam Benefit Fund Limited, 559-1/34, Bharathi Nagar, Palavakkam, Chennai-600 041. 339. M/s. Shri Madheswara Benefit Fund Limited, JSM Complex, Thuraiyur Road, N. Kosavampatti, Namakkal-637 002, Tamil Nadu. 340. M/s. Thondai Nadu Benefit Fund Limited, No. 56, Kosa Annamalai Street, Gudiyattam-632 602, Tamil Nadu. 341. M/s. Bryant Nagar Benefit Fund Limited, 10-D, 8th Main Road, Bryantnagar, Tuticorin-628 008, Tamil Nadu. 342. M/s. City West Benefit Fund Limited, 126, Yadhaval Street, Padi, Chennai-600 050. 343. M/s. Sapphire Benefit Fund Limited, 35-B, Easwaran Kovil Street, Erode-638 001, Tamil Nadu. 344. M/s. Kodavaasal Town Benefit Fund Limited, 13-D, Main Road, Kodavasal-612 601, Tamil Nadu. 345. M/s. Nagaraja Benefit Fund Limited, 43/1-119E-10, Beach Road, Kottar (P.O.), Nagercoil-629 002, Tamil Nadu. 346. M/s. Parkkavi Benefit Fund Limited, B1, Adhavaa Residencial Commercial Complex, 122/81, Ammamandapam Road, Srirangam, Trichy-620 006, Tamil Nadu. 347. M/s. Nangai Benefit Fund Limited, 4-75, Middle Street, Derisanamcope, K.K. District-629 851, Tamil Nadu. 348. M/s. Cordial Benefit Fund Limited, No. 16 (1st Floor) Elumalai Street, West Tambaram, Chennai-600 045. 349. M/s. Mailam Murugan Benefit Fund Limited, 11, Kamatchi Amman Koil Street, Tindivanam-604 001, Tamil Nadu. 350. M/s. Uthangarai Benefit Fund Limited, 41/15-B, Cuddalore Main Road, Uthangarai-635 207, Krishnagiri District, Tamil Nadu. 351. M/s. Nanjil Benefit Fund Limited, 52, Kattabomman Junction, Nagercoil, Kanyakumari District, Tamil Nadu. 352. M/s. Kumaragiri Benefit Fund Limited, 4/135-B, Main Road, Pudukottai-628 103, Thoothukudi District, Tamil Nadu. 353. M/s. Cape Benefit Fund Limited, Dr. Mathias Shopping Complex, Meenakshipuram Nagercoil-629 001, Tamil Nadu. 354. M/s. Kalkulam Benefit Fund Limited, Saraswati Bhawan, Kanjirathukonam, Mekkamandapam-629 166, Kanyakumari District, Tamil Nadu. 355. M/s. K.M.T. Benefit Fund Limited, Sornamahal Buildings, Main Bazaar, Nilakottai, Dindigul District. 356. M/s. R.K. Nagar Benefit Fund Limited, G. Sankaraval, 15, E.H. Road, Durgadevi Nagar, Tondiarpet, Chennai. 357. M/s. Navasakthi Vinayagar Benefit Fund Limited, Dhayalan Complex, 8-8A, Kamarajar Road, Mayiladuthurai-609 001, Tamil Nadu. 358. Nethaji Nagar Benefit Fund Ltd., 55/20-B, Main Street, Nethaji Nagar, Tondaiarpet, Chennai-600081. 359. Kanyakumari Benefit Fund Ltd., 49A, Vanchiathithan New Street, Vadasery, Nagercoil-629001. 360. Papanasam Benefit Fund Ltd., 11/4, South Main Street, Papanasam-614205. 361. Cine Technicians Kalaivannar NSK Benefit Fund Ltd., 130-A, NT Ramarao Street, Rangarajapuram, Kodambakkam, Chennai-600024. 362. Sri Ram Nallamani Yadava Benefit Fund Ltd., 70, TPK Road, Madurai-625011. 363. Little Kancheepuram Benefit Fund Ltd., 15, Kotrampalayam Street, Kancheepuram-631501. 364. RMG Benefit Fund Ltd., 38, Jeenis Road, Saidapet, Chennai-600015. 365. Virugambakkam Benefit Fund Ltd., 66 B, L T Colony, 1st Floor, CRR Puram, Virugambakkam, Chennai-600092. 366. Kodeeswaran Benefit Fund Ltd., 1, South Street, Thenkarai, Periakulam-626501. 367. Veeranam Benefit Fund Ltd., 1, Kannan Complex, Omampuliyur Road, Kattumannarkoil-608301. 368. Sendoor Murugan Benefit Fund Ltd., 23/6, First Main Road, Jawahar Nagar, Chennai-600082. 369 M/s. Sakthi Sivam Benefit Fund Limited, Shop Nos. 30 to 32, Divya Towers, Fort Main Road, Shevapet, Salem-636001 (Tamil Nadu) 370 M/s. St. Mary's Benefit Fund Limited, No. 3, New Mahalipatti Road, Madurai-625001 (Tamil Nadu) 371 M/s. Udhayam Benefit Fund Limited, 115, Panakal Street, Kaveripattinam, Krishnagiri, Dharmapuri Distt.-635112 (Tamil Nadu) 372 M/s. Krishnanvaka Benefit Fund Limited, 7/18, Sri Parthasarathy Temple Campus, Nandavanam, Thuckalay, Distt., Kanyakumari -629175 373 M/s. Mayiladuthurai Ramu Benefit Fund Limited, 1/60-B, Main Road, Sembanarkoil-609309 (Tamil Nadu) 374 M/s. Rasipuram Benefit Fund Limited, 50, Upstairs Pookadai Street, Rasipuram, Salem, Distt.-637408 (Tamil Nadu) 375 M/s. Thiruvathipuram Benefit Fund Limited, New No. 125, Old No.46-A, Gandhi Road, Cheyyar-604407 (Tamil Nadu) 376 M/s. Tamilnadu Benefit Fund Limited, 25-A, Narimedu Main Road, Narimedu, Madurai-625002 377 M/s. Thenmalar Benefit Fund Limited, No. 24-D-10, Sugar Mill Road, Alanganallur, Madurai-625502 378 M/s. Muthoothu Mini Nidhi Limited, No. 102,1st Floor (Copper Arch), 83, Infantry Road, Bangalore-560001 379 M/s. Mercury Benefit Fund Limited, 235, Main Road, Chinnamanur-625515 380 M/s. V.D.S. Vijayaraj Benefit Fund Limited, No. 372, Car Street, Tiruvannamalai-606601 381 M/s. Sri Raghavendra Benefit Fund Limited, 66, Panakal Street, Kaveripatnam-635112, Krishnagiri (Distt. Taluk), Tamil Nadu 382 M/s. C. R. Benefit Fund Limited, JAYAPRIYA BUILDING , 30, Main Road, Neyvcli-607802 (Tamil Nadu) 383. M/s. Sayar Devi Dhanmull Sowcar Benefit Fund Limited, Anaikatti Street, Tiruvannamalai-606 601 (Tamil Nadu) 384. M/s. Chrome People Benefit Fund Limited, Shop No. 9, Block A-1, Mahalakshmi Apartments, Secretariat Colony, Adambakkam, Chennai-600 088 (Tamil Nadu) 385. M/s. Popular Benefit Fund (MADRAS) Limited, 43, Ayyavoo Street, Shenoy Nagar Chennai-600 030 (Tamil Nadu) 386 M/s Navanithi Benefit Fund Limited 9-3/186, Main Bazaar Uthamapalayam, Madurai District, Tamil Nadu 626 533. 387 M/s Tiruninravur Mutual Benefit Fund Limited 12, Third Street, Vatsalapuram, Tiruninraver, R S Chiugleput, Tamil Nadu 602 024 SCHEDULE II : MUTUAL BENEFIT SOCIETIES Every mutual insurance company as defined in clause ( a ) of sub-section (1) of section 95 of the Insurance Act, 1938 (4 of 1938). [Schedule III Provisions of Act Extent of Application (1) (2) Section 53(1) Shall apply subject to the modification that in the case of a Nidhi or Mutual Benefit Society a document may be served only on members who hold more than one thousand rupees in face value or more than one per cent of the total paid-up capital of the Nidhi company whichever is less. For other shareholders, document may be served by a public notice in newspaper circulated in the district where the Registered Office of a Nidhi Company is situated; and publication on the notice board of the Nidhi or Mutual Benefit Society. Section 67(3) proviso Shall not apply. Section 77(1) Shall not apply, when shares are purchased by the company from a member on his ceasing to be a depositor or borrower and it shall not be considered as reduction of capital under section 100 to section 104 of the Companies Act, 1956. Section 81 Shall not apply. Section 87(1)( b ) Shall apply subject to the modification that no member shall exercise voting rights in excess of five per cent of total voting rights of equity shareholders. Section 159(1) Shall apply subject to the modification that for the words two immediately preceding years in the proviso, the words five immediately preceding years shall be substituted. Section 160(1)( aa ) Shall not apply to a Mutual Benefit Society specified in Schedule II, only. Section 205(5)( b ) Shall apply subject to the modification that any dividend payable in cash may be paid by crediting the same to the account of the member, if the dividend is not claimed within 30 days of the announcement of the dividend. Sections 205A 205B Shall not apply. Section 207 Shall apply, subject to the modification that where the dividend payable to a member is twenty-five rupees or less, it shall be sufficient compliance of the provisions of the section, if the declaration of dividend is announced in the local language in one local newspaper of wide circulation and announcement of the said declaration is also displayed in the notice board of the Nidhi or Mutual Benefit Society for at least three months. Section 219(1) Shall apply, subject to the modification that, in the case of members who do not individually or jointly hold shares of more than one thousand rupees in face value or more than one per cent of the total paid-up capital whichever is less, it shall be sufficient compliance with the provisions of the section if an intimation is sent by public notice in newspaper circulated in the district in which the Registered Office of the Nidhi company is situated stating the date, time and venue of Annual General Meeting and the balance sheet with its enclosures can be inspected at the registered office of the company, and the balance sheet with enclosures are affixed in the Notice Board of the company and a member is entitled to vote either in person or through proxy. Section 257 Shall apply with the modification that a sum of Rs. 10,000 is required to be deposited under sub-section (1) of section 257 of the Act while proposing the name of a candidate for election as director. Section 296 Shall not apply provided the loan is given to a director or his relative in their capacity as members and such transaction is disclosed in the annual accounts by a note. Section 309(4) Shall apply with the modification that the remuneration of a director who is neither in the whole-time employment of the Nidhi or Mutual Benefit Society nor a managing director, for performing special services to the Nidhi or Mutual Benefit Society specified in the Articles of Association may be paid by way of monthly payment subject to the approval of the Central Government and also to the provisions of section 198 : Provided that no approval of the Central Government shall be required where,- ( a ) a Nidhi or a Mutual Benefit Society does not have a managing director or a whole-time director or a manager, ( b ) the remuneration payable during a financial year to all the directors of the Nidhi or the Mutual Benefit Society, as the case may be, does not exceed ten per cent of the net profits or such Nidhi or Mutual Benefit Society or five lakh rupees, whichever is less; and ( c ) a remuneration payable under clause ( b ) of this proviso is approved by a special resolution passed in this behalf by Nidhi or Mutual Benefit Society, as the case may be. Schedule X Shall apply with the modification that the filing fee in respect of every return of allotment under section 75 shall be calculated at the rate of one rupee for every one hundred rupees or part thereof on the face value of the shares included in the return but shall not exceed the amount of normal filing fee payable. ]