What Is a Nidhi Company? Meaning, Features, Benefits, Registration Process, Documents & Compliance (Complete 2026 Guide)
Everyone always wonders about what is Nidhi Company. Let's understand all the things about it. A Nidhi Company is a type of company registered under Section 406 of the Companies Act, 2013, built around one idea: members save together, and members borrow from each other. It cannot deal with the public, cannot take deposits from outsiders, and cannot lend to anyone outside its own membership....
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