Dear Friends,
What is meant by a Nidhi Company?
3 Replies
Anurag
(service)
(378 Points)
Replied 12 June 2010
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.
manoj kumar
(cs)
(130 Points)
Replied 18 July 2012
do any one know how to remove the nidhi status??
manoj
Leema David
(Trainee)
(21 Points)
Replied 23 September 2012
What are the privileges enjoyed by nidhi companies compared to pulic n private companies?????
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