Company Profile
Pragati Sahu Mutual Benefit Nidhi Limited is a mutual benefit Company carrying on the business of a non-banking financial institution.
It is a nonbanking financial company doing the business of lending and borrowing with its members or shareholders.
Pragati Sahu Mutual Benefit Nidhi Limited is a mutual benefit Company carrying on the business of a non-banking financial institution.
In order to bring the common man on the path of prosperity Pragati Sahu emphasize on Operational efficiency.
PRAGATI SAHU MUTUAL BENEFIT NIDHI LTD., Incorporated under company act 2013 , under Nidhi Rules2014, by the innovative leadership of inspired professional s in this revolutionary market trend. A company declared as a Nidhi (NBFC) under section 406 of the Companies Act,2013 . Nidhi have many features which make them stand distinctly apart from many other Non-Banking financial institutions who are working under the guide line of R.B.I
Nidhi Companies Registration To start a Nidhi Company in India the first step is to incorporate a Limited Company, under the Companies Act, 2014. Hence, During incorporation of the Nidhi company, care must be taken to ensure that the object of the Limited Company mentioned in the Memorandum of Association is that of cultivating the habit of thrift and savings amongst its members, receiving deposits from, and lending to, its members only, for their mutual benefit.