MCA has amended the Incorporation Rules to omit the requirement of adding the word ‘NIDHI’ at the time of incorporating a Nidhi Company. Now, the word “NIDHI LIMITED” is not to be considered until the MCA approves the company through the filing of an application in NDH-4 to be declared as a Nidhi. Only once the company is declared as a Nidhi may it use the words “NIDHI LIMITED” as a suffix in its name.

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