Analysis of deposits by Nidhi companies

CA. Kapil Goel, DISA(ICAI) , Last updated: 24 June 2016  
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In this article we discuss how much a Nidhi Company can take deposits and from whom. These are the rules and limitations for taking deposits by Nidhi Companies :- 1. The ratio of Net Owned Funds of the Nidhi Company to deposits should not be more than 1:20. 2. Nidhi Company should not accept d

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CA. Kapil Goel, DISA(ICAI)
(cakapilgoel.wordpress.com)
Category Corporate Law   Report

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