Nidhi Company — Glossary

◈Definition

A Nidhi is a mutual-benefit company governed by Section 406 and the Nidhi Rules, with activities involving members subject to the applicable restrictions. Declaration, membership, capital and net-owned-fund conditions depend on the rules and incorporation circumstances. The older ₹10-lakh and one-year summary is not a current universal eligibility checklist; consult current MCA rules and notifications.

◉See also

Private Limited Company (PTC)(PTC)
A private-company form with restrictions under its articles and the Companies Act.
Section 8 Company
A non-profit company formed under Section 8 of the Companies Act for charitable or social purposes.

⬢Related guide

Types of Indian Companies — Private, Public, OPC, Section 8 and More
Private limited is the default, but Indian companies come in many legal forms. Here's a practical guide to the ones you'll encounter on MCA.

Official references and corrections

References explain the underlying rules. They do not certify a particular company, director or CorpIntel record. Check current amendments, notifications and the documents for your situation.

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