Hi,
Company incorporated as Nidhi Company in 03.03.2020 , not complied any thing wrt to Companies Act and ROC .
Please Suggest us that what are the ROC Compliances and Companies Act needs to be done till Sep'2021.
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Need Guidance on Nidhi Company Compliances
Replies (1)
Every company should ensure the following within 1 year.
- Minimum members must not be less than 200.
- Minimum net owned fund should be at least Rs.10,00,000.
- The ratio between net owned funds and deposits must not be more than 1:20.
- No body corporate or trust must be admitted to it as its member.
- A minor should be a part of it.
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