How to run a Nidhi Company?

STARTING A NIDHI COMPANY-

The word ‘Nidhi’ is derived from a root word traditionally meaning ‘treasure’. In the recent context of Indian financial sector, it refers to mutual benefit society notified by the Central government as a Nidhi Company. Their main aim is of cultivating the habit of thrift and savings among its members.

The companies under Nidhi […]

By |2026-04-07T17:17:46+05:30February 17th, 2017|Company Articles|

What are the minimum requirements for Section 8 Company?

In India, a non – profit organization which is often known as NGO can be registered as a Company under Section 8 of the Companies Act, 2013 and it can also be registered as a Trust and a Society Section 8 Company format of an NGO is the most popular form of NGO in […]

By |2026-04-07T17:17:46+05:30February 16th, 2017|Section 8|

Procedure of Registration for Section 8 Company

Section 8 Company is a Company that is  licensed under Section 8 of the Companies Act, 2013 (the Act), erstwhile known as the  Section 25 Company under the Companies Act, 1956, which had the main object; For promoting commerce, art, science, sports, education, research, social welfare, religion, charity,  and the protection of the  environment or any […]

By |2026-04-07T17:17:46+05:30February 16th, 2017|Section 8|

All you need to know about Section 8 Company

In India, the Section 8 Company is regulated by the Indian Companies Act, 2013 (and the amendments thereof) and the rules & regulations that are made thereunder and it  is administered by the Ministry of Corporate Affairs, Government of India through the Offices of Registrar of Companies (‘RoC’) in each of the  state of India. The Company Incorporation […]

By |2026-04-07T17:17:47+05:30February 16th, 2017|Section 8|

How many members are required for Section 8 Company Registration?

A Section 8 Company is registered under the Central Government’s Ministry of Corporate Affairs. The objective behind such kind of incorporation of the non-profit making company is to promote science, sports, art, education, research, social welfare, religion, charity and environment protection, etc., where the profit doesn’t play any role. It is, however, important to have […]

By |2026-04-07T17:17:47+05:30February 16th, 2017|Section 8|

What is the difference between Section 8 Company and Trust?

Section 8 of the company act states provisions related to the formation of a company with charitable objects and of that sort.

Whereas trust is governed by the public trust act. A trust is basically a legal entity in which a trustor (first party) through which the second party holds the rights to manage the interests of […]

By |2026-04-07T17:17:47+05:30February 16th, 2017|Section 8|
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