MANU/DCAF/0040/2022

Ministry : Ministry of Corporate Affairs

Notification No. : GSR301(E)

Date of Notification : 19.04.2022

Date of Publication : 19.04.2022

Notification/ Circulars Referred : Notification number G.S.R. 114(E) dated the14th February, 2020 MANU/DCAF/0023/2020

Citing Reference:
Notification number G.S.R. 114(E) dated the14th February, 2020 MANU/DCAF/0023/2020  Referred

Nidhi (Amendment) Rules, 2022

G.S.R.301(E).--In exercise of the powers conferred by sub-section (1) of section 406 read with sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules, further to amend the Nidhi Rules, 2014, namely:-

1. Short title and commencement.--

(1) These rules may be called the Nidhi (Amendment) Rules, 2022.

(2) They shall come into force on the date of their publication in the Official Gazette.

2. In the Nidhi rules, 2014 (hereinafter referred to as the said rules), in rule 3, in sub-rule (1), after clause (a), the following clause shall be inserted, namely:-

"(aa) Branch‟ means a place other than the registered office of Nidhi",

3.    (1) In rule 3A of the said rules, after the third proviso, the following provisos shall be inserted, namely:-

"Provided also that no company, which has not complied with the requirements of this rule, or fails to comply with such requirement on or after the commencement of the Nidhi (Amendment) Rules, 2022, or in case the application submitted by the compan........