Application

every company which had been declared as a Nidhi or Mutual Benefit Society under sub-section (1) of Section 620A of the Companies Act, 1956;

every company functioning on the lines of a Nidhi company or Mutual Benefit Society but has either not applied for or has applied for and is awaiting notification to be a Nidhi or Mutual Benefit Society under sub-Section (1) of Section 620A of the Companies Act, 1956; and

every company incorporated as a Nidhi pursuant to the provisions of Section 406 of the Act.

every company declared as Nidhi or Mutual Benefit Society under sub-section (1) of section 406 of the Act

Inserted vide the Nidhi (Amendment) Rules, 2019 dated 01.07.2019. To view the Notification, Click Here .