Nidhi Company

Nidhi company is a company registered under Companies Act and notified as a nidhi company by Central Government under Section 620-A of Companies Act. It is a non-banking finance company doing the business of lending and borrowing with its members or shareholders.

do any one know how to remove the nidhi status??

manoj

What are the privileges enjoyed by nidhi companies compared to pulic n private companies?????