https://www.taxtmi.com/article/detailed?id=8589 Amendments to the Nidhi Rules, 2014 define Nidhi, prescribe a declaration procedure via Form NDH-4 for public companies, require newly incorporated and previously declared Nidhis to regularise status within specified windows, and bar filing certain capital and allotment forms on noncompliance. Incorporation rules require Nidhi status as a public company with prescribed naming and share-capital characteristics and fully paid equity shares. Compliance timelines run from incorporation, extensions may be granted, deposit acceptance is barred on prolonged noncompliance, and enforcement powers move to the Central Government. en-us Sat, 06 Jul 2019 06:29:14 +0530 Sat, 06 Jul 2019 06:29:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=8589 Amendments to the Nidhi Rules, 2014 define Nidhi, prescribe a declaration procedure via Form NDH-4 for public companies, require newly incorporated and previously declared Nidhis to regularise status within specified windows, and bar filing certain capital and allotment forms on noncompliance. Incorporation rules require Nidhi status as a public company with prescribed naming and share-capital characteristics and fully paid equity shares. Compliance timelines run from incorporation, extensions may be granted, deposit acceptance is barred on prolonged noncompliance, and enforcement powers move to the Central Government. Articles Corporate Laws / IBC / SEBI Sat, 06 Jul 2019 06:29:14 +0530 https://www.taxtmi.com/article/detailed?id=8589