EASYOFFICE

NIDHI COMPANY NRE ACCEPTANCE

This query is : Resolved 

22 November 2022 Can NRE be member of NIDHI?Whether he can buy share by transferring fund through NRE Account?

22 November 2022 NRI can't invest in a Nidhi company. The objective of these companies is to inculcate saving habit and to be thrift among the members. Therefore, neither the RBI nor the FEMA regulations allow NRIs to invest in shares in Nidhi companies



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries