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In principle approval for incorporating nidhi company

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Querist : Anonymous

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Querist : Anonymous (Querist)
16 March 2015 Sir
I filled Form INC-1 for incorporating a Nidhi Company. While filling it ask for In principle approval received ? What is that in principle approval and where we have to get that? pls guide me. Its very urgent.
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CS REMESH B

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CS REMESH B (Expert)
15 June 2015 No in principle approval is required. You may select 'No' in Form INC-1 and file
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