About Nidhi Company Closure

Closing a Nidhi Company involves settling all member deposits, obtaining MCA/RD approvals, and completing the formal winding-up process. It's more complex due to the regulatory oversight on Nidhi companies.

Important: All member deposits must be returned before closure. Proper announcements and regulatory approvals are mandatory.

Closure Process

1

Member Deposit Settlement

Return all deposits to members with interest.

2

Public Announcement

Publish notice in newspapers for creditor claims.

3

Regulatory Approval

Obtain NOC from Regional Director.

4

Winding Up Application

File for voluntary winding up with NCLT/ROC.

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