TopicNidhi Company Registration
Are you a start-up and undecided about the finance business license requirement? Register a Nidhi company, which may be a sort of Non-Banking Financial Company (NBFC) that's allowed to require deposits from its members and lend to its members. Nidhi company is regulated under Section 406 of the businesses Act, 2013. Nidhi company contributes to society in several ways and isn't limited to helping its members only. It promotes and cultivates the habit of saving among its members and provides them with financial assistance in terms of loans.