Central Government amends Nidhi Rules, 2014 to safeguard the interest of general public
Central Government amends Nidhi Rules, 2014 to safeguard the interest of general public Rules provide that Public Companies desirous to function as Nidhis must obtain prior declaration from the Central Government before accepting deposits Under the Companies Act, 1956, a Nidhi or Mutual Benefit Society meant a company which the Central Government declared as Nidhi…

