Nidhi company
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 March 2017
Sir.
Facts,
ABC Nidhi Limited incorporated in 30/01/2016
CBA Nidhi Limited incorporated in 09/05/2016
Required
What is due dates for filing applicable returns in both the above cases
When Statutory Audit to done
When to appoint the auditor
Thanks in advance
Facts,
ABC Nidhi Limited incorporated in 30/01/2016
CBA Nidhi Limited incorporated in 09/05/2016
Required
What is due dates for filing applicable returns in both the above cases
When Statutory Audit to done
When to appoint the auditor
Thanks in advance
20 March 2017
AS ABC NIDHI COMPANY WAS INCORPORATED ON 30/1/ 2016, SO AS PER SECTION 2(41), FINANCIAL YEAR CLOSING DATE WOULD BE 31ST MARCH 2017. SO COMPANY SHALL FILE THE RETURNS WITHIN 90 DAYS FROM THE CLOSURE OF FIRST FINANCIAL YEAR, IE. MAXIMUM BY 30TH JUNE 2017 IN FORM NDH 1. BUT IF THE COMPANY FAILS TO FILE THE RETURN WITHIN 90 DAYS THEN COMPANY NEEDS TO APPLY TO RS FOR FILING OF RETURN IN FORM NDH 2 ALONG WITH PENALITY AS PRESCRIBED UNDER THE NIDHI RULES.
AND SAME FOR THE ANOTHER COMPANY CBA , NEEDS TO FILE THE RETURN IN NDH 1 BY 30TH JUNE 2017
AND SAME FOR THE ANOTHER COMPANY CBA , NEEDS TO FILE THE RETURN IN NDH 1 BY 30TH JUNE 2017
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Querist : Anonymous
Querist :
Anonymous
(Querist)
21 March 2017
Thank You Sir for your reply.
I would also like to know when the half yearly returns are to be filed in both the above cases.
Suppose the date of incorporation is 25/11/2015, what would be the concerned Financial Year and what is due dates for filing returns.
Thank You.
I would also like to know when the half yearly returns are to be filed in both the above cases.
Suppose the date of incorporation is 25/11/2015, what would be the concerned Financial Year and what is due dates for filing returns.
Thank You.
22 March 2017
EVERY COMPANY COVERED UNDER RULE 2 OF NIDHI RULES SHALL FILE THE HALF YEARLY RETURNS.
AS COMPANY IS INCORPORATED ON 25TH NOVEMEBR 2015. SO FINANCIAL YEAR AS PER SECTION 2(41) WOULD BE 31ST MARCH 2016. SO HALF YEARLY RETURN SHALL BE 6 MONTHS FROM 31ST MARCH 2017, IE. MAXIMUM UPTO 30SEPTEMBER 2016
AS COMPANY IS INCORPORATED ON 25TH NOVEMEBR 2015. SO FINANCIAL YEAR AS PER SECTION 2(41) WOULD BE 31ST MARCH 2016. SO HALF YEARLY RETURN SHALL BE 6 MONTHS FROM 31ST MARCH 2017, IE. MAXIMUM UPTO 30SEPTEMBER 2016
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 March 2017
Sir,
Would you please tell the exact due date for filing Form NDH3 in the above case
(ie.,Date of Incorporation 25/11/2015)
Thank You
Would you please tell the exact due date for filing Form NDH3 in the above case
(ie.,Date of Incorporation 25/11/2015)
Thank You
04 August 2024
Let's address each part of your query regarding the Nidhi companies:
### ABC Nidhi Limited (Date of Incorporation: 30/01/2016)
1. **Due Dates for Filing Applicable Returns:**
- **Annual Return (Form NDH-1):** Due within 60 days from the conclusion of the Annual General Meeting (AGM), which typically should be held within 6 months from the end of the financial year. Therefore, if the financial year ends on 31st March, the AGM should ideally be held by 30th September, and the annual return (Form NDH-1) should be filed by 29th November (30th September + 60 days).
- **Financial Statements (Form AOC-4):** Due within 30 days from the AGM.
2. **Statutory Audit:**
- The statutory audit of ABC Nidhi Limited should be conducted annually. The auditor should be appointed at the first AGM and then annually thereafter.
3. **Half-Yearly Returns:**
- Nidhi companies are required to file half-yearly returns (Form NDH-2) with the Registrar of Companies (RoC) within 30 days from the conclusion of each half-year. Therefore, for the first half ending on 30th September, the return should be filed by 30th October, and for the second half ending on 31st March, the return should be filed by 30th April.
### CBA Nidhi Limited (Date of Incorporation: 09/05/2016)
1. **Due Dates for Filing Applicable Returns:**
- **Annual Return (Form NDH-1):** Similar to ABC Nidhi Limited, due within 60 days from the conclusion of the AGM.
- **Financial Statements (Form AOC-4):** Due within 30 days from the AGM.
2. **Statutory Audit:**
- As with ABC Nidhi Limited, the statutory audit should be conducted annually starting from the first AGM and thereafter annually.
3. **Half-Yearly Returns:**
- Similar to ABC Nidhi Limited, half-yearly returns (Form NDH-2) should be filed within 30 days from the conclusion of each half-year.
### Financial Year and Due Dates for Filing Returns (Date of Incorporation: 25/11/2015)
1. **Financial Year:**
- Typically, the financial year for companies in India ends on 31st March of each year.
2. **Due Dates for Filing Returns:**
- Assuming the financial year ends on 31st March, the due dates for filing returns are as follows:
- Annual Return (Form NDH-1): By 29th November (60 days from the AGM, which should ideally be held by 30th September).
- Financial Statements (Form AOC-4): Within 30 days from the AGM.
### Exact Due Date for Filing Form NDH-3 (Date of Incorporation: 25/11/2015)
Form NDH-3 is required to be filed annually by Nidhi companies within 30 days from the conclusion of each financial year. Therefore, if the financial year ends on 31st March, Form NDH-3 should be filed by 30th April.
### Summary of Due Dates:
- **Form NDH-1 (Annual Return):** Within 60 days from AGM.
- **Form AOC-4 (Financial Statements):** Within 30 days from AGM.
- **Form NDH-2 (Half-Yearly Returns):** Within 30 days from the end of each half-year.
- **Form NDH-3 (Annual Compliance Return):** Within 30 days from the end of each financial year.
Ensure compliance with these timelines to avoid penalties and maintain good standing with the regulatory authorities.
### ABC Nidhi Limited (Date of Incorporation: 30/01/2016)
1. **Due Dates for Filing Applicable Returns:**
- **Annual Return (Form NDH-1):** Due within 60 days from the conclusion of the Annual General Meeting (AGM), which typically should be held within 6 months from the end of the financial year. Therefore, if the financial year ends on 31st March, the AGM should ideally be held by 30th September, and the annual return (Form NDH-1) should be filed by 29th November (30th September + 60 days).
- **Financial Statements (Form AOC-4):** Due within 30 days from the AGM.
2. **Statutory Audit:**
- The statutory audit of ABC Nidhi Limited should be conducted annually. The auditor should be appointed at the first AGM and then annually thereafter.
3. **Half-Yearly Returns:**
- Nidhi companies are required to file half-yearly returns (Form NDH-2) with the Registrar of Companies (RoC) within 30 days from the conclusion of each half-year. Therefore, for the first half ending on 30th September, the return should be filed by 30th October, and for the second half ending on 31st March, the return should be filed by 30th April.
### CBA Nidhi Limited (Date of Incorporation: 09/05/2016)
1. **Due Dates for Filing Applicable Returns:**
- **Annual Return (Form NDH-1):** Similar to ABC Nidhi Limited, due within 60 days from the conclusion of the AGM.
- **Financial Statements (Form AOC-4):** Due within 30 days from the AGM.
2. **Statutory Audit:**
- As with ABC Nidhi Limited, the statutory audit should be conducted annually starting from the first AGM and thereafter annually.
3. **Half-Yearly Returns:**
- Similar to ABC Nidhi Limited, half-yearly returns (Form NDH-2) should be filed within 30 days from the conclusion of each half-year.
### Financial Year and Due Dates for Filing Returns (Date of Incorporation: 25/11/2015)
1. **Financial Year:**
- Typically, the financial year for companies in India ends on 31st March of each year.
2. **Due Dates for Filing Returns:**
- Assuming the financial year ends on 31st March, the due dates for filing returns are as follows:
- Annual Return (Form NDH-1): By 29th November (60 days from the AGM, which should ideally be held by 30th September).
- Financial Statements (Form AOC-4): Within 30 days from the AGM.
### Exact Due Date for Filing Form NDH-3 (Date of Incorporation: 25/11/2015)
Form NDH-3 is required to be filed annually by Nidhi companies within 30 days from the conclusion of each financial year. Therefore, if the financial year ends on 31st March, Form NDH-3 should be filed by 30th April.
### Summary of Due Dates:
- **Form NDH-1 (Annual Return):** Within 60 days from AGM.
- **Form AOC-4 (Financial Statements):** Within 30 days from AGM.
- **Form NDH-2 (Half-Yearly Returns):** Within 30 days from the end of each half-year.
- **Form NDH-3 (Annual Compliance Return):** Within 30 days from the end of each financial year.
Ensure compliance with these timelines to avoid penalties and maintain good standing with the regulatory authorities.
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