Government declares company as Nidhi under Section 406(1) of Companies Act, 2013 https://www.taxtmi.com/highlights?id=91155 The Central Government, under the authority of section 406(1) of the Companies Act, 2013, has officially declared a specified company registered in Tamil Nadu to be a "Nidhi" company. This notification confirms the company's status and recognition as a Nidhi, which is a type of non-banking financial company focused on borrowing and lending among its members. en-us Fri, 01 Aug 2025 19:12:16 +0530 Fri, 01 Aug 2025 19:12:16 +0530 TaxTMI RSS Generator Government declares company as Nidhi under Section 406(1) of Companies Act, 2013 https://www.taxtmi.com/highlights?id=91155 The Central Government, under the authority of section 406(1) of the Companies Act, 2013, has officially declared a specified company registered in Tamil Nadu to be a "Nidhi" company. This notification confirms the company's status and recognition as a Nidhi, which is a type of non-banking financial company focused on borrowing and lending among its members. Highlights Companies Law Fri, 01 Aug 2025 19:12:16 +0530 https://www.taxtmi.com/highlights?id=91155