Nidhi Company application form requires membership, financial, deposit and branch disclosures plus professional certifications. Form NDH-4 prescribes the application and updation procedure for declaration as a Nidhi Company and for updating Nidhi status, requiring corporate ... Summary
Nidhi Company application form requires membership, financial, deposit and branch disclosures plus professional certifications.
Form NDH-4 prescribes the application and updation procedure for declaration as a Nidhi Company and for updating Nidhi status, requiring corporate identity and contact details, membership and financial parameters (paid-up capital, reserves, accumulated losses, net owned funds), detailed deposit and branch disclosures, and confirmation that company objects and dealings conform to activities permitted for Nidhis. Mandatory attachments include board resolution, auditor's certificate of compliance with the Nidhi Rules, member list and director certificates (membership 200); the filing must be digitally signed and certified by practising professionals, with reference to penalties for fraud and false statements.
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