nidhi company registration in india
nidhi company registration in india - BY WEBINFOTECH Webinfotech the unique software solutions provides nidhi company registration process and nidhi company
NIDHI COMPANY REGISTRATION in INDIA - BY WEBINFOTECH
Webinfotech the unique software solutions provides nidhi company registration process and nidhi company registration procedure. It is a matter of fact that any software company provides registration regarding nidhi company software but end of the day it is seen that clients or users whatever usually feel dissatisfaction because the process of registration is not unique or is not easy. Documentations are not submitted properly Due to many factors by them and registration are cancelled many times. Before the registrations, clients have many queries like cost of nidhi company registration or nidhi company registration fees etc. are not fulfilled properly. Now we solved the problem. Do not worry just call and get free demo and easily you can solve the problems yourselves .
Nidhi company registration is easy and fewer complex as compared to other types of finance companies similar to NBFC which require RBI license to start. A nidhi company can be in progress with an initial capital of Rs. 5 lakh and requires at least seven people to start with (minimum 7 members).We are conscious of nidhi company registration online- procedure to make the registration process in easy way. At webinfotech Solutions Private Limited, we use state- of-the-art technology and our specialists are well-experienced with Tally, MS Office, SAP and other hi-end applications. You can contact us to get dependable and highly-experienced nidhi company registration consultants.
Though Nidhi Company Registration Procedure is easy yet, support from a professional is suggested for filing difficult forms within proper deadline. It may seem difficult to understand government portals and terms therein also. Let us know the steps of Nidhi company incorporation.
a. Nidhi Company is outside the glance of Reserve Bank of India. It does not necessary RBI's license for managing a loan business in India
b. The Ministry of Corporate Affairs has done away with the at least Paid up capital need of Rs. 5 Lakhs for Nidhis.
c. They just have to incorporate themselves as a public company with the MCA, infuse the required amount of capital as per Nidhi Rules, 2014 and they are all set to go
d.The small savings of the members donate to the funds of and avail credit from Nidhi companies.
e. The loans given to the members are at a lower rate of interest than the market rate
f.The outsider is not allowed to intervene in the working of the Nidhi's
Business Commencement - It is a Announcement to be given by the directors within 180 days of incorporation of company declaring that the subscribers to the Memorandum of the company has paid the price of shares so accepted by them, with a verification of registered office address of the company. This declaration needs to be filed with proof of subscription money obtained by the company in form 20A with the Registrar of Companies .
Auditor Appointment - - Consultation with of First Auditor - As per section 139(6) the first auditor of the company other than a government company shall be appointed by the Board within 30 days of Incorporation. In the case of Board's failure, an EGM (Extraordinary General Meeting) shall be done within 90 days to appoint the first auditor.
Nidhi needs filing a return of statutory compliances in Form NDH 1 within 90 days from the finish of the first financial year after its registration and where applicable, the second financial year, with such fee as stated in Companies (Registration Offices and Fees) Rules, 2014 with the Registrar accordingly certified by a chartered accountant or a company secretary or a cost accountant in practice .
If a Nidhi is not following clauses (a) or (d) of sub-rule (1), it shall within thirty days from the end of the first financial year, apply to the Regional Director in Form NDH 2 with fee prescribed in Companies (Registration Offices and Fees) Rules, 2014 to extend the time and the Regional Director may judge the application and pass orders within 30 days of receiving the application .
a) Number of member admitted
b) Number of member ceased
c) Calculation of Net Owned Funds
d) Details of Deposits .
Webifotech Solutions Private Limited has capable and powerfully motivated man power forte. NIDHI COMPANY REGISTRATION COST- normal and we have divided amount so that customers can get this software. We continuously keep ourselves updated to all official updates, development and changes while dealing with any field. Our specialists offer the best services in cost-effective nidhi company registration fees. If you want to start your nidhi company in low cost, contact us as soon as possible.
After approval of name procedure is completed, the application for Nidhi Company Registration forms must be submitted through SPICe Form. The application should accompany Memorandum of Association (MoA) and Articles of Association (AoA) of Nidhi Company. Get information nidhi company registration fees and nidhi company registration documents from us. so just feel free and call us.