is it mandatory to increase share capital to INR 10lakh for filling ndh4 form..( although members are more than 200 on the date of application but share capital is rs.5 lakh)
please solve this issue
thanks
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Nidhi company
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It is mandatory to have a minimum paid-up equity share capital of ₹10 lakh to be declared as a Nidhi company under the current Nidhi (Amendment) Rules, 2022. Having only ₹5 lakh in paid-up capital will not satisfy the regulatory requirements for approval via Form NDH-4.
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