MCA Updates Nidhi (second Amendment) Rules,2020

These rules may be called the Nidhi (second Amendment) Rules,2020. 
 They shall come into force on the date of their publication in the official Gazette.

Rule NoNidhi Rules, 2014Nidhi (second Amendment) Rules,2020
23AEvery company referred to in clause (b) of rule 2 and every Nidhi incorporated under the Act, before the commencement of Nidhi (Amendment) Rules, 2019, shall also get itself declared as such in accordance with rule 3A within a period of one year from the date of its incorporation or within a period of six months from the date of commencement of Nidhi (Amendment) Rules, 2019, whichever is laterEvery company referred to in clause (b) of rule 2 and every Nidhi incorporated under the Act, before the commencement of Nidhi (Amendment) Rules, 2019, shall also get itself declared as such in accordance with rule 3A within a period of one year from the date of its incorporation or within a period of nine months from the date of commencement of Nidhi (Amendment) Rules, 2019, whichever is later

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