MCA has observed that companies applying to the central Government for declaration as Nidhi cannot satisfy the requisite criteria for it. Large number of companies which are functioning as a Nidhi companies have not yet applied to the central Government for declaration. Stakeholders are advised to verify the antecedents of the company functioning as a Nidhi company and to ensure that the company has been declared as Nidhi company by the central government.
It is proposed that the regulated entities maybe mandated to maintain the record of all such communication, which are mandated to be communicated under the
The suggestion relating to the appointment process aims to achieve better shareholder participation in the appointment process of PIDs. For improving ease of doing business
It is proposed that merchant bankers, other than Banks, Public Financial Institution and their subsidiaries, shall undertake only those activities, which are related to securities
DoT has notified ‘Telecommunications (Administration of Digital Bharat Nidhi) Rules, 2024’. The rules provide for powers and functions of administrator, who will be responsible for
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