by Audit Analyst | Sep 29, 2025 | Nidhi Company
Introduction Liquidity refers to a company’s ability to meet its short-term financial obligations, especially the ability to repay depositors and cover operational expenses. For Nidhi Companies, which rely entirely on the savings of their members to fund their lending...
by Audit Analyst | Sep 29, 2025 | Nidhi Company
Introduction Nidhi Companies are mutual benefit institutions registered under Section 406 of the Companies Act, 2013, and governed by the Nidhi Rules, 2014. They promote the habit of saving and provide loans exclusively to their members. Since the entire structure of...
by Audit Analyst | Sep 29, 2025 | Nidhi Company
Introduction Nidhi Companies function exclusively for the benefit of their members, accepting deposits and granting loans solely within this member group. Therefore, the classification and recognition of members is a crucial element in the management and regulation of...
by Audit Analyst | Sep 29, 2025 | Nidhi Company
Introduction Nidhi Companies are non-banking financial institutions registered under Section 406 of the Companies Act, 2013, and governed by the Nidhi Rules, 2014. Their primary objective is to promote thrift and provide credit among their members. Lending activities...
by Audit Analyst | Sep 29, 2025 | Nidhi Company
Introduction Nidhi Companies are mutual benefit organizations formed under Section 406 of the Companies Act, 2013, and governed by the Nidhi Rules, 2014. Their primary purpose is to cultivate savings among members and provide credit facilities exclusively to them....
