Need Guidance on Nidhi Company Compliances

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.