Central Govt bans use of "Nidhi Limited" in company names unless declared as Nidhi under Cos Act. Nidhi Rules amended.

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Full Text of the Document

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....Central Government amends Nidhi Rules, 2014 by inserting proviso in Rule 4(5) prohibiting companies from using "Nidhi Limited" in name unless declared as Nidhi u/s 406(1) of Companies Act, 2013. Amendment effective from date of publication in Official Gazette.....