Quickly Start

Your Nidhi Limited Company Compliance

Own Your Venture Wholly.Give Wings to Your Entrepreneurial Dreams.Start Your Business atINR 55,500/-only

What is Nidhi Limited Company Compliance?

The literal meaning of Nidhi is ‘fund’, ‘finance or treasure’. Nidhi Company is incorporated with the object of developing the habit of thrift and save and reserve the funds amongst its members and also receiving deposits and lending from and to its members only, for their mutual benefit.

Though there are no separate registrations to be done under RBI for a Nidhi company, RBI has the power to issue directives to them. However, Nidhi company needs to fulfill the minimum requirements for the registration, which are as follows:

• A Minimum of 7 members
• Minimum 3 directors
• All such companies must apply “Nidhi Limited” after its name.
• Every Nidhi company must ensure within a period of one year from the commencement that it has not less than 200 members.

Nidhi Company Annual FIling:

Nidhi Company is required to file returns twice a year and yearly returns once with ROC every year. Apart from this Nidhi Company is also required to file its Financial Statements in Form AOC 4 and Annual Return in form MGT 7 annually with ROC.

Following are the forms required to be filed by Nidhi company every year with ROC:

• Form NDH 1
• Form NDH 3
• MCA Form MGT 7
• MCA Form AOC 4

Every Nidhi Company is required to comply with provisions of Companies Act, 2013 and Nidhi Rules, 2014. In a way every Nidhi Company is a Public Limited Company. Hence it requires to follow all the provisions applicable to Public Limited Company unless exempted from compliance of specific section with or without any modification.

Annual filing ofNidhi Companyby Ebizfiling

Form NDH 3:

Form NDH 3 is a half yearly compliance of Nidhi Company. It contains the details of No. of Members admitted and ceased during the half year,details of members, Loan etc Form NDH 3 to be filled with ROC within 30 days from the close of each half year.

Form NDH 1:

This is a Statutory compliance of Nidhi Company. Form NDH 1 contains all the details regarding the members, loans , deposits, reserves etc for the full financial year. Every Nidhi Company is required to file Form NDH-1 with ROC within 90 days form the closure of Financial Year.

Form AOC 4:

Like every other company, Nidhi Company is required to file its Financial Statements, along with Notice calling General Meeting, Directors Report, Auditors Report and Balance sheet to ROC within 30 days from the date of Annual General Meeting of the Company.

Form MGT 7:

Every Nidhi company is required to file its Annual Return along with List of members of Nidhi Company within 60 days from date of Annual General Meeting. The annual returns are to be filed in Form MGT 7 with ROC.

Form MGT 14:

Nidhi Company is also required to report any resolutions passed for Disclosure of Directors interest, Approval of Financial Statements and Directors Report. if any to the ROC in Form MGT 14.

Form ITR 6:

Nidhi companies are required to file its Income tax return in Form ITR 6 within the period of 6 months from the closure of financial year. Hence the due date for filing Form ITR 6 would be 30th September every year.

Document For Nidhi Limited Company Compliance

Bank Statement

Mobile Number

Email Id

Aadhar Card (Link With Mobile Number)

Pan Card

Account Card

Sale and Purchase Invoices