Constitution of committee for examining various aspects of functioning of nidhi companies, etc.

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..... nstitutes a Committee to examine various aspects of the functioning of nidhi companies and suggest an appropriate policy frame work for overall improvement of the nidhi companies and to instill and restore the confidence of the investing public especially the small depositors and thereby facilitate the healthy functioning of the nidhi companies. Further, the Committee will examine alternative mech .....

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..... t, Karaikudy Member 7. Shri Mathradas Mehta, Mumbai Member 8. Shri R. Vasudevan, Director, Department of Company Affairs Member 9. Shri V.S. Rao, Regional Director (SR), Department of Company Affairs, Chennai Member -Secretary 2. The Committee will also examine and make recommendations with regard to :-- (i) evaluate the present mechanism for monitoring the activities of nidhi compani .....

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