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    <title>Nidhi Companies to apply to the Central government for updation of their status/ declaration as Nidhi Company in Form NDH-4 in accordance to amended provisions of the Companies Act and Nidhi Amendment Rules 2019.</title>
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    <description>Nidhi companies must apply to the Central Government for updation of status as a Nidhi in Form NDH-4 under amended Companies Act provisions and Nidhi Rules; specified timelines apply based on incorporation date and extensions may be granted by the Regional Director. Non-compliance bars a company from filing Form SH-7 and Form PAS-3 and attracts fines and further penalties for continuing breaches, with officers in default liable; investors are advised to verify notified Nidhi status in the official gazette before investing.</description>
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