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Member Since 6 Years
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In sample Terms, Nidhi is a Hindi word which means "finance or fund". In the India Financial sect5or Nidhi refers to any mutual benefit so0ciety notified by the Central/Union Government as a Nidhi Company.
After Registration of Nidhi Company, Company can borrow from members and lending to its members.
Nidhi Company are formed only for the benefit of its members only, on outsiders i.e. who is not the member of the Nidhi Company are not allowed to deposit any money or doing any kind of business with the concerned Nidhi Company.
Nidhi Company is governed by the Companies Act, 2013 under section 406 and Nidhi Rules, 2014.
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Civil Lines, Jaipur, Rajasthan 
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