Chapter XXVI: Nidhi Rules

  1. Short title and commencement
  2. Application
  3. Definitions
  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
  24. Penalty for non-compliance

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