Application form for deposit.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....y Nidhi with details of branches, if any; (d) Brief particulars of the management of Nidhi (name, addresses and occupation of the directors, including DIN); (e) Net profits of Nidhi before and after making provision for tax for the preceding three financial years; (f) Dividend declared by Nidhi during the preceding three financial years; (g) Mode of repayment of the deposit; (h) Maturity....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....pted or renewed. (2) The application form shall also contain the following statements, namely:- (a) in case of non- payment of the deposit or part thereof as per the terms and conditions of such deposit, the depositor may approach the 2[Bench of the National Company Law Tribunal] having jurisdiction over Nidhi; (b) in case of any deficiency of Nidhi in servicing its depositors, the depositor ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....the Central Government or the Reserve Bank of India; and (f) a verification clause by the depositor stating that he had read and understood the financial and other particulars furnished and representations made by Nidhi in his application form and after careful consideration he is making the deposit with Nidhi at his own risk and volition. (3) Every Nidhi shall obtain proper introduction of new....