Nidhi Company Registration Consultants services services in Thiruvananthapuram University Thiruvananthapuram Kerala @ Rs. 29999
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New Nidhi Company Registration Consultants services in Thiruvananthapuram University Thiruvananthapuram Kerala @ Rs. 29999. limited offer only for today.
Same day submission, fast delivery,No Hidden fees- Complete Online Process no need to visit. get your Nidhi Company within 15 to 20 working days feel free to call us
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Choose Nidhi Company because :
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No External Involvement in Management
Helpful for Lower and Middle Classes
Low Rates of Interest
Secured Investments
Minimum Documentation and Formalities
Mandatory Requirement for Nidhi Company Registration in Thiruvananthapuram University Thiruvananthapuram Kerala
Mandatory Requirement for Nidhi Company Registration
- Minimum 7 shareholders
- Minimum 3 Directors
- Minimum Capital of Rs. 5 lacs
- DIN for all directors
Minimum Requirements After Registration
- Minimum number of 200 Members ( in 12 Months )
- Net owned fund must be Rs. 10 Lakh and above
- Unencumbered deposits of not less than 10% of the outstanding deposits
- Net own fund vs deposits should not be more than 1:20
What is Nidhi Company Registration?
A Nidhi Company is one that belongs to the NBFC (Non-Banking financial sector) and is recognized under section 406 of the Companies Act, 2013. Their core business activity is borrowing and lending money only to its members. Nidhi Company can freely accept deposits from members and give money to its member. The fund, which received from members and can only be utilized by its members. RBI is empowered to issue directions to them in matters relating to deposits from members. Nidhi Company cannot accept deposits from other than its member.
Advantage of Nidhi Company Registration
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Limited Liability - Liability of Members and Directors of the Nidhi Company is limited. It means that if the company suffers from any loss and faces financial distress because of primary business activity, the personal assets of Members / Directors will not be at risk of being seized by banks, creditors, and government.
Better Credibility - A Nidhi company enjoys better credibility when compared to any other members based Organizations like trust, cooperative society or any other form of NGO. Nidhi companies are registered and monitored by the Ministry of corporate affairs.
Less Compliance - A director of a Nidhi company can be easily added or removed by filing simple forms with the Registrar of Companies. The Board of Management of a Nidhi company controls the activities of the Nidhi Company.
Documents Required For Nidhi Company Registration in Thiruvananthapuram University Thiruvananthapuram Kerala
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Copy of Director’s PAN Card
Passport size photograph of Directors
Copy of Aadhaar Card/ Voter identity card of directors
Copy of Rent agreement(If rented property)
Electricity/ Water bill (Business Place)
Copy of Property papers (If owned property)
Landlord NOC (Format will be provided)
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Documents
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Agreements
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