Through the amendment, the Ministry of Corporate Affairs notified Nidhi company of the New Rules on April 19, 2022. These Nidhi Company New Rules are an update to the Nidhi Company Rules of 2014. These are the Nidhi (Amendment) Rules 2022.

Nidhi Company has got the recognition under 406 sections of the 2013 Companies Act. It is regulated by the Nidhi Rules 2014, by the Government of India. The concept of Nidhi is quite unique. You may not find any such other type of organization.

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The Covid 19 pandemic has affected the whole business world in 2020. Corporate professionals and Industry leaders are very much concerned about it. The effect of Covid-19 has made a significant impact on the industrial growth in India.

A Private Limited Company is Privately Limited business organization. The ownership of the company is controlled and managed by one or several individuals and not by public. Those owners held shares of the same among themselves.

A Nidhi Company has its basic activity to borrow and lend money to its members only. Under section 406, Companies Act, 2013. Nidhi Company Kolkata has the good environment for the start-ups with proper ingredients in right combination.