Required Documents for Nidhi Company Registration

Following are the documents required for company incorporation for each director/ shareholder

• Self attested PAN card copy.
• Four Photographs.
• Self attested copy of any one of the Identity Proof like Driving License, Passport, Voter ID & Adhaar Card
• Self attested copy of any one of the Address Proof like Bank Pass Book/ Bank Statement, Telephone Landline Bill, Mobile Bill & Electricity Bill
• Company Address proof Electricity Bill, Telephone Bill, Mobile Bill & Gas Bill, AND Rent Agreement (if rented) AND NOC for doing Business & for taking Registration.

Required Documents for Nidhi Company Registration

Following are the documents required for company incorporation for each director/ shareholder

• Self attested PAN card copy.
• Four Photographs.
• Self attested copy of any one of the Identity Proof like Driving License, Passport, Voter ID & Adhaar Card
• Self attested copy of any one of the Address Proof like Bank Pass Book/ Bank Statement, Telephone Landline Bill, Mobile Bill & Electricity Bill
• Company Address proof Electricity Bill, Telephone Bill, Mobile Bill & Gas Bill, AND Rent Agreement (if rented) AND NOC for doing Business & for taking Registration.

Can body corporate or trust become member of nidhi company?

No, Trust or Body Corporate can not be admitted as a member of Nidhi Company.

Can Nidhi company issue preference shares?

Nidhi Company can not issue preference shares, and If preference shares had been issued by a Nidhi before the commencement of Companies Act, 2013, then such preference shares shall be paid back to preference shareholder in accordance with the terms of issue of such shares.

Can minor become member of Nidhi company?

No, A minor shall not be admitted as a member of Nidhi but deposits may be accepted in the name of a minor, if they are made by the natural or legal guardian who is a member of Nidhi.

What is net owned fund?

Here, “Net Owned Funds” means the aggregate of paid up equity share capital and free reserves as reduced by accumulated losses and intangible assets appearing in the last audited balance sheet.

Proceeds from issue of preference share shall not be included in Net Owned Funds.