https://www.taxtmi.com/acts?id=18268 Rule 7 mandates that every Nidhi must issue fully paid-up equity shares of a specified minimum nominal value, subject to stated exemptions. No service charge may be levied for the issue of shares. Every Nidhi must allot to each deposit holder at least a minimum number of equity shares or shares equivalent to a prescribed minimum value, with a lower holding requirement for savings and recurring deposit account holders. en-us Mon, 31 Mar 2014 18:48:51 +0530 Wed, 18 Mar 2026 16:36:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=18268 Rule 7 mandates that every Nidhi must issue fully paid-up equity shares of a specified minimum nominal value, subject to stated exemptions. No service charge may be levied for the issue of shares. Every Nidhi must allot to each deposit holder at least a minimum number of equity shares or shares equivalent to a prescribed minimum value, with a lower holding requirement for savings and recurring deposit account holders. Act-Rules Companies Law Mon, 31 Mar 2014 18:48:51 +0530 https://www.taxtmi.com/acts?id=18268