Laws-7144

1 Short Title and Commencement – The Companies (Nidhi) Rules, 2014 2 Application 3 Definitions 3A Declaration of Nidhis. Rule 3B 4 Incorporation and Incidental Matters 5 Requirements for Minimum Number of Members, Net Owned Fund etc 6 General Restrictions or Prohibitions 7 Share Capital and Allotment 8 Membership 9 Net Owned Funds 10 Branches 11 Acceptance of Deposits by Nidhis 12 Application Form for Deposit 13 Deposits 14 Un-encumbered Term Deposits 15 Loans 16 Rate of Interest 17 Rules Relating to Directors 18 Dividend 19 Auditor 20 Prudential Norms 21 Filing of Half Yearly Return 22 Auditor’s Certificate 23 Power to Enforce Compliance 23A Compliance with rule 3A by certain Nidhis 23B Companies declared as Nidhis under previous company law to file Form NDH-4 24 Penalty for Non-compliance Annexure.