Nidhi Company Formation

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Financial empowerment starts here. Simplify your Nidhi Company setup with expert assistance.

You've Come to The Right Place

A Nidhi Company is a type of Non-Banking Financial Company (NBFC) in India, primarily used for borrowing and lending money between members. EVAKIL offers specialized services to help you navigate the complexities of Nidhi Company registration, ensuring compliance with the rules and regulations of the Ministry of Corporate Affairs.
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About EVAKIL​

Why choose us?

Welcome to EVAKIL, your reliable online legal platform dedicated to providing accessible, efficient, and professional legal services at your fingertips. Our mission is to demystify the legal process and make legal services convenient and affordable for everyone, irrespective of their knowledge or experience with legal systems.

EVAKIL was founded in 2023 by a team of passionate legal professionals and tech-savvy entrepreneurs who saw the need for a digital platform that could bridge the gap between individuals and businesses in need of legal assistance, and qualified legal experts. Our journey began with a simple idea: to create a user-friendly platform where anyone could access high-quality legal services with ease and confidence.

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More about how we can help you

01.

Understanding Regulatory Requirements:

  • Providing a clear understanding of the Nidhi Rules, 2014, and ensuring adherence to all regulatory norms.
02.

Company Name Selection and Approval:

  • Assisting with the selection of a compliant and appropriate name for your Nidhi Company and securing approval from the MCA.
03.

Drafting of MOA and AOA:

  • Crafting the Memorandum of Association and Articles of Association to align with the objectives and operations of a Nidhi Company.
04.

Digital Signature and Director Identification:

  • Facilitating the acquisition of Digital Signature Certificates (DSC) and Director Identification Numbers (DIN) for the board members.
05.

Filing and Registration:

  • Handling the e-filing of all required forms and documentation with the Registrar of Companies for the incorporation of the Nidhi Company.
06.

Post-Incorporation Guidance:

  • Offering guidance on the mandatory requirement of having a minimum number of members and equity share capital, as well as on opening a bank account and other post-incorporation procedures.

EVAKIL - Your Trusted Partner in Law

Our goal at EVAKIL is to make the legal system more accessible to consumers and companies by making it easier to comprehend, less time-consuming, and more economical. Take action to protect yourself legally with lawyers you can trust, and advice you can rely on.

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Out of 5

What Clients Say

4.9
4.9/5

"EVAKIL provided exceptional guidance through our Nidhi Company formation. Their expertise was crucial in ensuring regulatory compliance."

Ayesha Kumari, Founder of MutualGrow Finance
5
5/5

"Their tailored approach made the complex registration process of our Nidhi Company straightforward and successful."

Rahul Mehra, Director of SafeSavings

EVAKIL - Your Trusted Partner in Law

FAQs

It is a type of NBFC that facilitates lending and borrowing among its members, regulated under the Nidhi Rules, 2014.
Nidhi Companies enjoy benefits like limited regulatory burdens, easier lending and borrowing, and a higher trust factor among members.
Within a year of incorporation, the company must have at least 200 members, net owned funds of 10 lakh rupees or more, and meet other requirements specified under the Nidhi Rules, 2014.

EVAKIL - Your Trusted Partner in Law

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