{"id":2358,"date":"2020-12-17T06:58:51","date_gmt":"2020-12-17T06:58:51","guid":{"rendered":"http:\/\/work.smhosting.co.in\/iprmservices-web\/?page_id=2358"},"modified":"2021-02-22T07:20:21","modified_gmt":"2021-02-22T07:20:21","slug":"nidhi-company-registration","status":"publish","type":"page","link":"http:\/\/work.smhosting.co.in\/iprmservices-web\/nidhi-company-registration\/","title":{"rendered":"Nidhi Company"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"2358\" class=\"elementor elementor-2358\" data-elementor-settings=\"[]\">\n\t\t\t\t\t\t<div class=\"elementor-inner\">\n\t\t\t\t\t\t\t<div class=\"elementor-section-wrap\">\n\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-009db1c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"009db1c\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-04fe37b\" data-id=\"04fe37b\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8b941d1 gyan-title-desc-justify elementor-widget elementor-widget-gyan_title\" data-id=\"8b941d1\" data-element_type=\"widget\" data-widget_type=\"gyan_title.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"gyan-title\">\r\n\t\t\t<h2 class=\"gyan-title-heading\">Definition<\/h2><div class=\"gyan-title-desc\">A nidhi company, is one that belongs to the non-banking Indian finance sector and is recognized under section 406 of the Companies Act, 2013. Their core business is borrowing and lending money between their members. They are also known as Permanent Fund, Benefit Funds, Mutual Benefit Funds and Mutual Benefit Company. They are regulated by Ministry of Corporate Affairs. Reserve Bank of India is empowered to issue directions to them in matters relating to their deposit acceptance activities. However, in recognition of the fact that these companies deal with their shareholder-members only.<br>\nNidhi companies existed even prior to the existence of companies Act 1913. The basic concept of nidhi is \u201cPrinciple of Mutuality\u201d (\u201cParaspara Sahayata\u201d). Thus they function for the common benefit advantage of all their members\/share holders.<\/div>\t\t<\/div>\r\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0e523d5 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0e523d5\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-283dbf3\" data-id=\"283dbf3\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9784e96 elementor-widget elementor-widget-heading\" data-id=\"9784e96\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">List of documents for registration<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-8a66220 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8a66220\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-top-column elementor-element elementor-element-9612d40\" data-id=\"9612d40\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1757161 elementor-widget elementor-widget-image\" data-id=\"1757161\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t<img width=\"222\" height=\"222\" src=\"http:\/\/work.smhosting.co.in\/iprmservices-web\/wp-content\/uploads\/2021\/02\/id-proof-line.png\" class=\"elementor-animation-shrink attachment-large size-large\" alt=\"\" loading=\"lazy\" srcset=\"http:\/\/work.smhosting.co.in\/iprmservices-web\/wp-content\/uploads\/2021\/02\/id-proof-line.png 222w, http:\/\/work.smhosting.co.in\/iprmservices-web\/wp-content\/uploads\/2021\/02\/id-proof-line-150x150.png 150w, http:\/\/work.smhosting.co.in\/iprmservices-web\/wp-content\/uploads\/2021\/02\/id-proof-line-90x90.png 90w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/>\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-81f11c0 elementor-widget elementor-widget-heading\" data-id=\"81f11c0\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">ID PROOF<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-top-column elementor-element elementor-element-3440cb4\" data-id=\"3440cb4\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ac13e43 elementor-widget elementor-widget-image\" data-id=\"ac13e43\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t<img width=\"222\" height=\"222\" src=\"http:\/\/work.smhosting.co.in\/iprmservices-web\/wp-content\/uploads\/2021\/02\/pass.png\" class=\"elementor-animation-shrink attachment-large size-large\" alt=\"\" loading=\"lazy\" srcset=\"http:\/\/work.smhosting.co.in\/iprmservices-web\/wp-content\/uploads\/2021\/02\/pass.png 222w, http:\/\/work.smhosting.co.in\/iprmservices-web\/wp-content\/uploads\/2021\/02\/pass-150x150.png 150w, http:\/\/work.smhosting.co.in\/iprmservices-web\/wp-content\/uploads\/2021\/02\/pass-90x90.png 90w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/>\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-272d617 elementor-widget elementor-widget-heading\" data-id=\"272d617\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">PASSPORT SIZE PHOTO<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-top-column elementor-element elementor-element-475ff19\" data-id=\"475ff19\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6d155e1 elementor-widget elementor-widget-image\" data-id=\"6d155e1\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t<img width=\"222\" height=\"222\" src=\"http:\/\/work.smhosting.co.in\/iprmservices-web\/wp-content\/uploads\/2021\/02\/address.png\" class=\"elementor-animation-shrink attachment-large size-large\" alt=\"\" loading=\"lazy\" srcset=\"http:\/\/work.smhosting.co.in\/iprmservices-web\/wp-content\/uploads\/2021\/02\/address.png 222w, http:\/\/work.smhosting.co.in\/iprmservices-web\/wp-content\/uploads\/2021\/02\/address-150x150.png 150w, http:\/\/work.smhosting.co.in\/iprmservices-web\/wp-content\/uploads\/2021\/02\/address-90x90.png 90w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/>\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dc8db1e elementor-widget elementor-widget-heading\" data-id=\"dc8db1e\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">ADDRESS PROOF<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-top-column elementor-element elementor-element-6c8a37b\" data-id=\"6c8a37b\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f302808 elementor-widget elementor-widget-image\" data-id=\"f302808\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t<img width=\"222\" height=\"222\" src=\"http:\/\/work.smhosting.co.in\/iprmservices-web\/wp-content\/uploads\/2021\/02\/Company.png\" class=\"elementor-animation-shrink attachment-large size-large\" alt=\"\" loading=\"lazy\" srcset=\"http:\/\/work.smhosting.co.in\/iprmservices-web\/wp-content\/uploads\/2021\/02\/Company.png 222w, http:\/\/work.smhosting.co.in\/iprmservices-web\/wp-content\/uploads\/2021\/02\/Company-150x150.png 150w, http:\/\/work.smhosting.co.in\/iprmservices-web\/wp-content\/uploads\/2021\/02\/Company-90x90.png 90w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/>\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5876078 elementor-widget elementor-widget-heading\" data-id=\"5876078\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">COMPANY ADDRESS PROOF<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Definition A nidhi company, is one that belongs to the non-banking Indian finance sector and is recognized under section 406 of the Companies Act, 2013. Their core business is borrowing and lending money between their members. They are also known as Permanent Fund, Benefit Funds, Mutual Benefit Funds and Mutual [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"_links":{"self":[{"href":"http:\/\/work.smhosting.co.in\/iprmservices-web\/wp-json\/wp\/v2\/pages\/2358"}],"collection":[{"href":"http:\/\/work.smhosting.co.in\/iprmservices-web\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"http:\/\/work.smhosting.co.in\/iprmservices-web\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"http:\/\/work.smhosting.co.in\/iprmservices-web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/work.smhosting.co.in\/iprmservices-web\/wp-json\/wp\/v2\/comments?post=2358"}],"version-history":[{"count":14,"href":"http:\/\/work.smhosting.co.in\/iprmservices-web\/wp-json\/wp\/v2\/pages\/2358\/revisions"}],"predecessor-version":[{"id":2643,"href":"http:\/\/work.smhosting.co.in\/iprmservices-web\/wp-json\/wp\/v2\/pages\/2358\/revisions\/2643"}],"wp:attachment":[{"href":"http:\/\/work.smhosting.co.in\/iprmservices-web\/wp-json\/wp\/v2\/media?parent=2358"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}