Section 406 of the Companies Act 2013 defines a Nidhi company registration in Kolkata as a non-banking micro-finance entity. To operate as such, this type of company must have a minimum of seven members, with at least three of them serving as directors. It is essential to note that the company's name must end with "Nidhi Limited." Nidhi company in Kolkata, India, also known as permanent funds, benefit funds, or Mutual Fund Companies, exclusively engage with their shareholders. Their primary goal is to promote financial prudence and offer members a reliable source of funds. Nidhi companies in Kolkata, India accept deposits and provide loans to their members while ensuring the protection of their interests throughout the entire process.
Becoming a Nidhi company in Kolkata, india offers several advantages, including streamlined incorporation processes, cost-effective registration fees, and exemptions from specific Reserve Bank of India (RBI) regulations. This results in reduced compliance obligations and associated risks. Nidhi companies actively promote savings by providing loans at interest rates lower than prevailing market standards. Moreover, they offer secure investment opportunities for individuals seeking reliable avenues to enhance their financial standing.
Sujata Associates, a prominent legal consultant and partner, excels in facilitating the establishment of Nidhi companies. Our highly skilled professionals will expertly guide and assist you throughout the registration process, ensuring efficient handling of all necessary documentation. We take pride in delivering trustworthy and credible Nidhi company registration services in Kolkata, India, alongside a comprehensive range of other corporate registration services. Rooted in our commitment to excellence, we aim to provide straightforward and efficient procedures, solidifying our position as your preferred choice for initiating a Nidhi company and other corporate entities in Kolkata or anywhere in India.
