The Governing Authority sets the following Conditions for Incorporating Nidhi Company in India: Minimum number of members: 7 (3 members should be the designated directors) minimum equity share capital: Rs. 10 lakhs Must have limited company status under Company Act, 2013. Mandatory inclusion of the Company's object in MOA reflects its intention to foster the habit of thrift and savings among the members. Registered business place proof such as lease or rent agreement. Process of Nidhi company Registration: Apply for Digital Signature Certificate (DSC). Apply for the Director Identification Number (DIN). Apply for the business name availability. Select An Appropriate Name Preparing Memorandum Of Association File the e-Memorandum of Association (eMoA) and EAOA.
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