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What is a Nidhi Company? 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.. What is a Nidhi Company? 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. Nidhi means a company which has been Nidhi Company incorporated with the object of developing the habit of thrift and reserve funds amongst its members and also receiving deposits and lending to its
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Company formation in India is quite a hectic process. There are many legal hurdles that an entrepreneur has to undergo. Right from the formation to other post-company formation processes, there are many things to watch. One should know that there are different types of companies to form and each carry different process. So is why you must take the assistance of the professional company who can handle the process. Here are list of few reputed company which offers good services of New Company Registration, Private Limited Company Registration, LLP Registration in Delhi.
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This assessment is known as the stamp obligation. It is the charge on business and private property exchanges and leasehold or freehold properties. The stamp obligation is charged by the states and hence, the rate unquestionably differs from state to state. for more info @ http://www.favista.com/blog/2017/12/01/understanding-stamp-duty-rates-registration-charges-property/