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Section 2: Application

Chapter XXVI - Nidhi Rules, 2014.Central Rules · 2013

These rules shall apply to,—

(a) every company which had been declared as a Nidhi or Mutual Benefit Society under sub-section (1) of Section 620A of the Companies Act, 1956;

(b) every company functioning on the lines of a Nidhi company or Mutual Benefit Society but has either not applied for or has applied for and is awaiting notification to be a Nidhi or Mutual Benefit Society under sub- Section (1) of Section 620A of the Companies Act, 1956; and

(c) every company incorporated as a Nidhi pursuant to the provisions of Section 406 of the Act.

Where this provision sits

ActChapter XXVI - Nidhi Rules, 2014.
Section2
Marginal noteApplication
JurisdictionCentral
StatusIn force as published by the source

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