Eligibility for Nidhi company Registration.

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.