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India
Website: http://https://enterslice.com
Blog site: http://https://enterslice.com/nidhi-company-registration
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Nidhi company are very almost like that of a co-operative
society. The prime rationale behind establishing a Nidhi company
is to encourage its members to save lots in order that they will
smoothly satisfy their financial requirements arising from time
to time.
The Minimum capital requirement for Nidhi company registration
is Rs. 5 lacs, and 7 members are required for registration. On
issuance of the certificate of registration by the Ministry of
Corporate Affairs, you'll use initial capital to offer loans to
members.
