NIDHI COMPANY COMPLIANCES
Nidhi Company Compliances
Nidhi Companies have specific compliance requirements under Nidhi Rules, 2014. We ensure your mutual benefit society meets all regulatory requirements of both MCA and eventually RBI.
Annual Compliances
Mandatory Filings
- ✓ Annual Return (NDH-1) – Specific for Nidhi Companies
- ✓ Financial Statements (NDH-3) – With Auditor’s Report
- ✓ Half-yearly Return (NDH-4) – Within 30 days of period end
- ✓ AGM – Mandatory within 6 months of FY end
- ✓ Board Meetings – Minimum 4 per year
Nidhi-Specific Requirements
- • Maintain Net Owned Funds of minimum ₹10 lakhs
- • Ensure 200 members within 1 year of incorporation
- • Maintain deposits to members ratio of 1:20
- • Not to accept deposits from non-members
- • Comply with deposit acceptance norms
- • Maintain unencumbered term deposits of 10% of outstanding deposits
Statutory Registers
- ✓ Register of Members with deposits
- ✓ Register of Loans granted
- ✓ Register of Deposits accepted
- ✓ Minutes books
- ✓ Register of Charges
Nidhi Compliance Experts
Complete compliance support for your mutual benefit society
📞 +91 8076856909 | +91 8076461946 | 📧 hiaparnaassociates@gmail.com