https://www.taxtmi.com/acts?id=18273 Rule 12 requires that every deposit application to a Nidhi contain prescribed corporate and financial particulars, terms of the deposit including maturity, repayment mode and interest rates, and audited financial summaries. The form must include statements on remedies for non-payment, a Board declaration of accuracy and compliance, a government disclaimer on guarantees and insurance of deposits, and a depositor verification clause. Nidhis must obtain introductions to new depositors and retain documentary proof of identity and address from an approved list for verification. en-us Mon, 31 Mar 2014 18:51:10 +0530 Wed, 18 Mar 2026 17:24:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=18273 Rule 12 requires that every deposit application to a Nidhi contain prescribed corporate and financial particulars, terms of the deposit including maturity, repayment mode and interest rates, and audited financial summaries. The form must include statements on remedies for non-payment, a Board declaration of accuracy and compliance, a government disclaimer on guarantees and insurance of deposits, and a depositor verification clause. Nidhis must obtain introductions to new depositors and retain documentary proof of identity and address from an approved list for verification. Act-Rules Companies Law Mon, 31 Mar 2014 18:51:10 +0530 https://www.taxtmi.com/acts?id=18273