https://www.taxtmi.com/acts?id=40812 Rule 3B requires a newly incorporated public company seeking declaration as a Nidhi to apply in Form NDH-4 within the stipulated post-incorporation period and meet membership and Net Owned Funds thresholds. The application must include a declaration that promoters and directors meet fit and proper criteria, covering integrity and the absence of enumerated disqualifications. The Central Government will examine the application and notify approval in the Official Gazette; approval must be filed with the Registrar and business commencement is permitted only after that approval. Failure to comply bars filing specified capital and allotment forms. en-us Wed, 20 Apr 2022 11:09:02 +0530 Wed, 18 Mar 2026 15:38:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=40812 Rule 3B requires a newly incorporated public company seeking declaration as a Nidhi to apply in Form NDH-4 within the stipulated post-incorporation period and meet membership and Net Owned Funds thresholds. The application must include a declaration that promoters and directors meet fit and proper criteria, covering integrity and the absence of enumerated disqualifications. The Central Government will examine the application and notify approval in the Official Gazette; approval must be filed with the Registrar and business commencement is permitted only after that approval. Failure to comply bars filing specified capital and allotment forms. Act-Rules Companies Law Wed, 20 Apr 2022 11:09:02 +0530 https://www.taxtmi.com/acts?id=40812