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of <h1>Central Government Recognizes New Nidhi Companies in Tamil Nadu, Andhra Pradesh, and Kerala with Modified Regulations</h1> The Central Government, under the Companies Act, 1956, has declared several companies as Nidhis, subject to specific directions from previous government notifications. These companies include entities based in Tamil Nadu, Andhra Pradesh, and Kerala. The notification also specifies that certain provisions of the Act will not apply, or will apply with modifications, to these Nidhis. Amendments to previous notifications are also made, adding these companies to the list of recognized Nidhis, thereby allowing them to operate under modified regulatory conditions.
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