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Keep Your Nidhi Company 100% Compliant?
Annual compliance from ₹4,999. Expert CA/CS files all NDH forms, ROC returns, and coordinates statutory audit. 500+ Nidhi companies served.
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Complete Nidhi Compliance with Expert Support
Our CA/CS team handles all annual filings, from document collection to MCA submission, keeping your Nidhi company penalty-free.
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Nidhi Company Annual Compliance Package 2026
From ₹4,999 one-time professional fee
Complete within 7 days
7-day turnaround 100% guaranteed
AOC-4 Financial Statement Filing
MGT-7 Annual Return Filing
NDH-1 Return of Statutory Compliance
NDH-3 Half-Yearly Returns (Both Filings)
DIR-3 KYC for All Directors
Board Meeting Minutes Preparation
AGM Minutes & Documentation
Statutory Audit Coordination
Compliance Calendar with Deadline Alerts
Dedicated CA/CS Manager
*Government fees are additional and vary based on company structure
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Package includes first-year compliance services: auditor appointment, annual filings, and related obligations.
Nidhi company compliance is the set of mandatory annual filings and regulatory obligations that every Nidhi company must fulfil under Section 406 of the Companies Act, 2013 and Nidhi Rules, 2014, including NDH-1, NDH-3, AOC-4, and MGT-7 submissions to the Registrar of Companies.
A Nidhi company is a type of Non-Banking Financial Company (NBFC) that operates as a mutual benefit society, cultivating thrift and savings among its members. Unlike regular NBFCs, Nidhi companies are exempt from RBI regulation under Section 45-IA of the RBI Act and are regulated exclusively by the Ministry of Corporate Affairs (MCA). Every Nidhi company must maintain a minimum of 200 members within 1 year of incorporation, ₹20 lakh Net Owned Funds (NOF) per the 2022 amended rules, and a NOF-to-deposit ratio not exceeding 1:20. Annual compliance involves filing 6 to 8 forms with the ROC, conducting a mandatory statutory audit by a Chartered Accountant, holding at least 4 board meetings and 1 AGM per year, and filing income tax returns (ITR-6) by October 31. Non-compliance with NDH-1 filing alone attracts a penalty of ₹5,000 plus ₹500/day continuing default, and persistent violations can result in Nidhi status revocation by the Central Government under Rule 6.
Net Owned Funds (NOF) is the aggregate of paid-up equity share capital and free reserves, minus accumulated losses and intangible assets. Under Rule 5 of Nidhi Rules, 2014 (as amended in 2022), every Nidhi company must maintain minimum NOF of ₹20 lakh and a NOF-to-deposit ratio not exceeding 1:20, meaning for every ₹1 of NOF, the company can accept up to ₹20 in deposits from members.
Statutory audit is the mandatory annual examination of a Nidhi company's financial statements by a practising Chartered Accountant under Section 139 of the Companies Act, 2013. The auditor verifies the accuracy of the balance sheet, profit and loss account, deposit records, loan limits compliance, and NOF position before the company files AOC-4 with the ROC.
If you need to register a Nidhi company, the compliance obligations begin from the date of incorporation itself. Understanding these requirements early helps you stay ahead of deadlines and avoid penalties. For standard ROC annual filing obligations common to all companies, Nidhi companies face additional NDH-specific filings that make professional compliance support critical.
Every Nidhi company must meet specific operational thresholds throughout its existence. These are not one-time requirements; they must be maintained continuously and reported through annual filings. Failure to maintain any of these thresholds can trigger Nidhi status revocation under Rule 6 of Nidhi Rules, 2014.
Requirement
Threshold
Rule Reference
Consequence of Non-Compliance
Minimum Members
200 within 1 year
Rule 5
File NDH-2 for extension or face revocation
Net Owned Funds (NOF)
₹20 lakh (raised from ₹10 lakh)
Rule 5 (2022 amendment)
Cannot accept deposits until restored
NOF-to-Deposit Ratio
Maximum 1:20
Rule 5
Must reduce deposits or increase NOF
Unencumbered Deposits
10% of deposits in scheduled bank FDs
Rule 14
Restriction on accepting new deposits
Minimum Paid-Up Capital
₹10 lakh (raised from ₹5 lakh)
2022 amendment
Cannot declare dividend
Minimum Directors
3 directors
Section 149
₹1 lakh penalty per vacancy
Board Meetings
4 per year (max 120-day gap)
Section 173
₹25,000 fine on company
AGM
1 per year by September 30
Section 96
₹1 lakh + ₹5,000/day
The NOF calculation is straightforward: add paid-up equity share capital and free reserves, then subtract accumulated losses and intangible assets. With the minimum ₹20 lakh NOF under the 2022 rules, the maximum permissible deposits are ₹4 crore (at the 1:20 ratio). Companies exceeding this ratio must either increase their NOF through fresh capital infusion or reduce deposits by not accepting renewals.
Warning: If the Central Government revokes Nidhi status under Rule 6, the company must immediately stop accepting deposits, remove "Nidhi" from its name, and repay all existing member deposits. The company loses its core business function permanently.
NDH Forms for Nidhi Company Filing
Nidhi companies file 5 NDH-specific forms in addition to standard ROC filings (AOC-4, MGT-7, DIR-3 KYC, ADT-1). Each form serves a distinct regulatory purpose, has a specific deadline, and carries separate penalties for late filing. Here is the complete form-wise breakdown:
Form
Purpose
Rule
Due Date
Govt Fee
Penalty (Late)
NDH-1
Return of statutory compliance
Rule 5
90 days from FY end
₹200
₹5,000 + ₹500/day
NDH-2
Extension of time application
Rule 4
Within 1 year of incorporation
₹200
N/A (application)
NDH-3
Half-yearly return
Rule 21
30 days from half-year end
₹200 each
₹100/day
NDH-4
Declaration as Nidhi
Rule 3A
120 days from 1 year of incorporation
Standard fee
Cannot operate as Nidhi
NDH-5
Branch closure intimation
2022 amendment
Upon branch closure
Standard fee
Non-compliance penalty
AOC-4
Financial statements
Section 137
30 days from AGM
₹200 to ₹600
₹100/day (max ₹10 lakh)
MGT-7
Annual return
Section 92
60 days from AGM
₹200 to ₹600
₹100/day (max ₹10 lakh)
DIR-3 KYC
Director KYC
Rule 12A
September 30
₹0 (on time) / ₹5,000 (late)
DIN deactivation
ADT-1
Auditor appointment
Section 139
15 days from AGM
₹200 to ₹600
₹300/day
NDH-1 and NDH-3 are filed as GNL-2 attachments on the MCA V3 portal, not as standalone forms. This distinction catches many first-time filers off guard. NDH-2 is filed as an RD-1 application with the Regional Director. For companies that also accept deposits, the DPT-3 return of deposits may apply by June 30 each year. Additionally, ADT-1 auditor appointment filing must be completed within 15 days of the AGM to ensure your auditor is recognized by MCA. For the latest DPT-3 filing deadline, check the current year notification.
NDH-5: The Form Most Providers Miss
NDH-5 was introduced in the Nidhi (Amendment) Rules, 2022 for branch closure. When closing a branch, the Nidhi company must file NDH-5 with the Regional Director and publish a notice in a local language newspaper and an English daily. Most compliance service providers do not cover this form. At IncorpX, our package includes all 5 NDH forms.
Nidhi Company Compliance Calendar FY 2025-26
Missing a single deadline can trigger cascading penalties. This month-wise calendar covers every filing obligation for a March FY Nidhi company. The September-October window is the peak filing period with 5 deadlines falling within 6 weeks.
Peak Filing Alert: September and October are the busiest months for Nidhi compliance. Five major deadlines (AGM, DIR-3 KYC, AOC-4, NDH-3, ITR-6) fall in this window. Start preparation by July to avoid last-minute bottlenecks.
Nidhi Company Compliance Cost in 2026
No other compliance service provider publicly discloses Nidhi compliance pricing. IncorpX is the only provider with transparent pricing from ₹4,999 per year. Below is a complete cost breakdown covering professional fees, government charges, and statutory audit expenses.
₹200 to ₹600 per form, depends on authorized capital
Statutory Audit (CA)
₹8,000 to ₹25,000
Mandatory per Section 139, varies by company size
ITR-6 Filing
₹3,000 to ₹8,000
Tax audit mandatory for all Nidhi companies
DSC Renewal
₹1,000 to ₹2,000
Per director, valid 2 years
Total Estimated Annual
₹17,199 to ₹38,999
Professional + government + audit + ITR
Cost vs Penalty Comparison
Your total penalty for missing just the NDH-1 deadline (₹5,000 initial + ₹500/day) and one NDH-3 deadline (₹100/day) exceeds ₹10,000 within 30 days of default. Our complete annual compliance package at ₹4,999 costs less than a single penalty event. Complete compliance for less than the penalty of one late filing.
500+ Nidhi companies served with zero status revocations. All-inclusive annual package.
How Our Nidhi Compliance Process Works
Our 8-step compliance process covers the complete annual filing cycle in 15 to 20 working days, starting at ₹4,999. Each step is handled by a dedicated CA/CS assigned to your Nidhi company.
Step 1: Share Financial Records and Company Documents
Provide your Nidhi company books of accounts, bank statements, deposit registers, member register, and loan records for the financial year. Our team reviews all financial data, member count status (200 minimum per Rule 5), and NOF position (₹20 lakh minimum). This initial review takes 1 to 2 working days.
Step 2: Coordinate Statutory Audit by Chartered Accountant
A qualified CA conducts the mandatory statutory audit of your Nidhi company financial statements per Section 139 of the Companies Act, 2013. The auditor verifies deposit records, loan limits compliance under Rule 15, and NOF-to-deposit ratio (1:20). For more on statutory audit requirements, see our detailed guide. Audit typically takes 5 to 7 working days.
Step 3: Prepare Board Meeting Minutes and Resolutions
Draft minutes for all quarterly board meetings (minimum 4 per year per Section 173). Record resolutions for financial statement approval, auditor appointment, and compliance declarations. Board meetings must have a quorum of at least 2 directors.
Step 4: Conduct Annual General Meeting
Hold the AGM before September 30 each year per Section 96 of the Companies Act, 2013. The agenda includes adoption of audited financials, appointment of auditor, director reports, and dividend declaration (maximum 25% per Nidhi Amendment Rules 2022).
Step 5: File AOC-4 and MGT-7 with ROC
File Form AOC-4 (financial statements) within 30 days of AGM and Form MGT-7 (annual return) within 60 days of AGM on the MCA V3 portal filing system. Late filing attracts a penalty of ₹100/day per form, up to ₹10 lakh maximum.
Step 6: File NDH-1 Return of Statutory Compliance
File Form NDH-1 within 90 days of financial year end (by June 29 for March FY). This form certifies compliance with 200-member requirement, ₹20 lakh NOF, and 1:20 NOF-to-deposit ratio. Non-filing penalty is ₹5,000 plus ₹500/day continuing default.
Step 7: File NDH-3 Half-Yearly Returns
File Form NDH-3 within 30 days of each half-year ending (by October 30 for April to September, by April 30 for October to March). NDH-3 reports member count, deposits received, loans disbursed, and NOF position. Filed twice per year as GNL-2 attachment with ₹200 government fee each.
Step 8: Complete DIR-3 KYC, ADT-1, and Income Tax Filing
File DIR-3 KYC for all directors by September 30 (₹5,000 penalty if late, DIN gets deactivated). File ADT-1 for auditor appointment within 15 days of AGM. File ITR-6 income tax return by October 31 (tax audit is mandatory for all Nidhi companies).
Common Filing Mistake
Filing NDH-1 as a standalone form instead of a GNL-2 attachment is the most common mistake we see with first-time filers. On the MCA V3 portal, select GNL-2 as the form type and attach NDH-1 as the supporting document. Our team ensures correct form selection for every filing.
15 to 20 working days. Dedicated CA/CS. All NDH forms included.
Nidhi (Amendment) Rules 2022: Key Changes
The Nidhi (Amendment) Rules, 2022 (GSR 648(E), dated August 19, 2022) introduced significant changes to capital requirements, director declarations, branch operations, and dividend policies. These amendments apply to all Nidhi companies, whether incorporated before or after August 2022. Here is a side-by-side comparison of what changed:
Parameter
Before 2022
After 2022 Amendment
Minimum Paid-Up Capital
₹5 lakh
₹10 lakh
Minimum NOF
₹10 lakh
₹20 lakh
Dividend Limit
No specific cap
25% of net profit per FY
Loan Security
Gold, property, FD, insurance
Gold, silver, property, FD, insurance
Branch Location
Any state
Home state only
Share Transfer During Loan
No restriction
Maximum 50% of holdings
Director Declaration
Not required
Fit and proper person (NDH-4)
Branch Closure Form
Not applicable
NDH-5 mandatory
Bank Loans for Member Lending
Permitted
Prohibited
The fit and proper person declaration (filed via NDH-4) requires every director and promoter to confirm they have not been convicted of any offence involving moral turpitude, have not been declared insolvent, and are not disqualified under Section 164 of the Companies Act, 2013. For the full text of the amended rules, refer to the Nidhi Rules, 2014 on the MCA portal.
Warning: Nidhi companies incorporated before August 2022 had 18 months to comply with the new ₹20 lakh NOF and ₹10 lakh paid-up capital requirements. If your company has not yet updated its NOF or capital, verify your compliance status immediately.
Penalties for Non-Compliance of Nidhi Company
Nidhi company non-compliance penalties are among the steepest in the company law framework because of the public deposits involved. Penalties apply to both the company and officers in default (directors, managers, key managerial personnel). Here is the complete penalty matrix:
Violation
Company Penalty
Officer Penalty
Additional Consequence
NDH-1 not filed
₹5,000 + ₹500/day
₹5,000 + ₹500/day
Cannot function as Nidhi
NDH-3 not filed
₹100/day per form
₹100/day
Show cause notice, revocation risk
AOC-4 late filing
₹100/day (max ₹10 lakh)
Personal liability
Fees double after 270 days
MGT-7 late filing
₹100/day (max ₹10 lakh)
Personal liability
Fees double after 270 days
DIR-3 KYC missed
₹5,000
DIN deactivation
Cannot sign MCA forms
ADT-1 late filing
₹300/day
N/A
Auditor not recognized by MCA
AGM not held
₹1 lakh + ₹5,000/day
₹5,000/day
NCLT intervention possible
Nidhi status revoked
Must repay all deposits
Personal liability
Cease all Nidhi operations
Non-filing of NDH-1 does not just attract a financial penalty. Your Nidhi company literally cannot function as a Nidhi until the form is filed, halting all deposit acceptance and lending. If penalties accumulate beyond recovery, you may need to close your Nidhi company through the formal winding-up process.
Real Example: A Chennai-based Nidhi company with 350 members came to IncorpX in October 2025 after missing their NDH-1 (due June 29), NDH-3 (due October 30 for the first half), and DIR-3 KYC (due September 30) deadlines. The accumulated penalty exposure was ₹5,000 + ₹500/day for 120 days (NDH-1) = ₹65,000, plus ₹5,000 for late DIR-3 KYC per director (3 directors = ₹15,000). Total penalty: ₹80,000. Our team filed all overdue forms within 10 working days, reducing further daily penalties. The entire annual compliance package cost ₹4,999 compared to ₹80,000 in penalties.
Penalty Prevention Strategy
Based on our experience handling 500+ Nidhi company filings, the top 3 penalty triggers are: (1) forgetting the second NDH-3 filing (April 30 deadline), (2) missing DIR-3 KYC renewal by September 30 leading to DIN deactivation, and (3) filing NDH-1 late because audit was delayed. Our compliance calendar with 30-day advance reminders prevents all three scenarios.
Nidhi Company vs NBFC vs Private Limited Compliance
Nidhi companies are technically NBFCs, but their compliance framework is fundamentally different. Understanding these differences helps Nidhi directors appreciate why specialized compliance support is essential. Here is a detailed comparison across 10 parameters:
Collecting the right documents before the filing season begins saves weeks of back-and-forth. Below is the complete checklist organized by document type and the specific forms each document supports.
Keep all registers updated monthly, not just at filing time. MCA inspections can happen any time, and outdated registers attract separate penalties under Section 88 and 118 of the Companies Act, 2013. Digital register maintenance is acceptable and often more practical for Nidhi companies with 200+ members.
Why Choose IncorpX for Nidhi Compliance
Nidhi compliance requires specialized knowledge of NDH forms, member thresholds, and deposit ratios that general compliance providers lack. Here is what sets our Nidhi compliance practice apart:
500+ Nidhi Companies Served
Our dedicated Nidhi compliance team has handled over 500 annual filings with zero Nidhi status revocations. We understand the unique NDH form requirements that general compliance providers miss.
Transparent Pricing from ₹4,999
No hidden fees. Our ₹4,999 annual package covers all ROC filings (AOC-4, MGT-7, NDH-1, NDH-3, DIR-3 KYC), board/AGM minutes preparation, and statutory audit coordination. Government fees are disclosed upfront.
Automated Deadline Tracking
Never miss an NDH-3 or NDH-1 deadline with our compliance calendar. We send reminders 30 days before every due date. The September-October peak window is fully managed.
Dedicated CA/CS Team
Each Nidhi company gets a dedicated Chartered Accountant and Company Secretary. Your CA handles audit coordination, your CS manages ROC filings. Direct WhatsApp access to your compliance manager.
Complete NDH-1 to NDH-5 Coverage
We cover all 5 NDH forms including NDH-5 (branch closure), which most providers skip. Full compliance with Nidhi (Amendment) Rules 2022 including fit and proper person declarations.
NOF and Ratio Monitoring
We track your Net Owned Funds, 200-member threshold, and NOF-to-deposit ratio (1:20) throughout the year. Proactive alerts prevent compliance breaches before filing deadlines arrive.
Frequently Asked Questions About Nidhi Company Compliance
These 37 FAQs cover every aspect of Nidhi company compliance, from NDH form specifics and filing deadlines to penalty calculations and cost breakdowns. Each answer includes specific data points, form numbers, and regulatory references sourced from the Companies Act, 2013 and Nidhi Rules, 2014.
Nidhi company compliance refers to mandatory annual filings and regulatory requirements under Section 406 of the Companies Act, 2013 and Nidhi Rules, 2014. Every Nidhi company must file NDH-1, NDH-3, AOC-4, MGT-7, DIR-3 KYC, and ADT-1 with the Registrar of Companies each financial year. Non-compliance attracts penalties starting at ₹5,000.
NDH-1 is the Return of Statutory Compliance filed under Rule 5 of Nidhi Rules, 2014. It certifies that the Nidhi company has met the minimum 200-member requirement, ₹20 lakh Net Owned Funds, and 1:20 NOF-to-deposit ratio. The due date is within 90 days of the financial year end.
NDH-3 is the half-yearly return filed under Rule 21 of Nidhi Rules, 2014. It reports member count, deposits received, loans given, and NOF position. Nidhi companies file NDH-3 twice a year, within 30 days of each half-year ending (by October 30 and April 30 for March FY companies).
NDH-4 is the declaration form under Rule 3A of Nidhi (Amendment) Rules, 2022. A company incorporated as Nidhi must file NDH-4 within 120 days of completing 1 year from incorporation, declaring it has met 200-member, ₹20 lakh NOF, and ₹10 lakh paid-up capital requirements with a fit and proper person declaration by directors.
NDH-2 is the application for extension of time filed under Rule 4 of Nidhi Rules, 2014. If a Nidhi company cannot meet the 200-member or ₹20 lakh NOF requirement within 1 year, it files NDH-2 with the Regional Director seeking a maximum 1-year extension. Government fee is ₹200 (filed as RD-1).
NDH-5 was introduced under Nidhi (Amendment) Rules, 2022 for branch closure intimation. When a Nidhi company closes a branch, it files NDH-5 with the Regional Director along with a newspaper notice in a local language and English daily. Most compliance providers miss this form, but it remains a mandatory regulatory filing.
Net Owned Funds (NOF) is the aggregate of paid-up equity share capital and free reserves, minus accumulated losses and intangible assets. Under Rule 5 of Nidhi Rules, 2014 (as amended in 2022), every Nidhi company must maintain minimum NOF of ₹20 lakh and a NOF-to-deposit ratio not exceeding 1:20.
The NOF-to-deposit ratio must not exceed 1:20 under Rule 5 of Nidhi Rules, 2014. For every ₹1 of Net Owned Funds, a Nidhi can accept deposits up to ₹20. With the minimum ₹20 lakh NOF, maximum permissible deposits are ₹4 crore. Exceeding this ratio is a serious compliance violation reported in NDH-1.
Yes, statutory audit is mandatory for every Nidhi company under Section 139 of the Companies Act, 2013. A practising Chartered Accountant audits the financial statements annually. The auditor is appointed at the AGM, and Form ADT-1 is filed within 15 days. Audit cost ranges from ₹8,000 to ₹25,000 depending on company size.
No. Under Section 406(1) of the Companies Act, 2013, a Nidhi company can only accept deposits from its members and lend to its members. Accepting non-member deposits is a serious violation that can lead to Nidhi status revocation by the Central Government under Rule 6 of Nidhi Rules, 2014. All deposit and lending activities are member-only.
No. Nidhi companies are exempt from RBI regulation under Section 45-IA of the RBI Act. They are classified as NBFCs but regulated exclusively by the Ministry of Corporate Affairs (MCA) under Section 406 of the Companies Act, 2013 and Nidhi Rules, 2014. All filings go to the MCA portal, not RBI.
A Nidhi company must maintain: register of members (Section 88), register of deposits, register of loans, register of directors and KMP (Section 170), minutes book for board and general meetings (Section 118), and register of charges (Section 85). These registers are subject to inspection and require timely updates.
Loan limits under Rule 15 of Nidhi Rules, 2014 depend on total deposits: under ₹2 crore allows maximum ₹2 lakh per member; ₹2 to ₹20 crore allows ₹7.5 lakh; ₹20 to ₹50 crore allows ₹12 lakh; above ₹50 crore allows ₹15 lakh. If unprofitable for 3 consecutive years, limits reduce to 50%.
Annual compliances include filing NDH-1 (within 90 days of FY end), NDH-3 (within 30 days of each half-year, filed twice), AOC-4 (within 30 days of AGM), MGT-7 (within 60 days of AGM), DIR-3 KYC (by September 30), ADT-1 (within 15 days of AGM), and ITR-6 income tax return (by October 31 with mandatory tax audit).
NDH-3 is filed as a GNL-2 attachment on the MCA V3 portal at www.mca.gov.in. Login with company credentials, select GNL-2, attach NDH-3 with member count, deposit, loan, and NOF data. Affix DSC and submit with ₹200 government fee. File within 30 days of September 30 and March 31 each year.
NDH-3 must be filed within 30 days of each half-year ending. For March FY companies: first NDH-3 is due by October 30 (for April to September half) and second by April 30 (for October to March half). Late filing attracts a penalty of ₹100/day per form under Nidhi Rules, 2014.
A Nidhi company must have minimum 200 members within 1 year of incorporation under Rule 5 of Nidhi Rules, 2014. If unable to reach 200, the company files NDH-2 with the Regional Director seeking a 1-year extension. Failure to meet this requirement can result in Nidhi status revocation under Rule 6.
If a Nidhi company fails to achieve 200 members within 1 year, it must file Form NDH-2 with the Regional Director for an extension (maximum 1 year). If the requirement remains unmet, the Central Government can revoke Nidhi status under Rule 6, forcing the company to repay all deposits and stop accepting new ones.
Under Nidhi (Amendment) Rules 2022, file NDH-4 within 120 days of completing 1 year from incorporation. The form declares compliance with 200-member, ₹20 lakh NOF, and ₹10 lakh paid-up capital thresholds. Attach a fit and proper person declaration for all directors and promoters. File on MCA V3 portal with DSC and standard government fee.
NDH-1 must be filed within 90 days of the financial year end. For March 31 FY companies, the due date is June 29. It is filed as a GNL-2 attachment on MCA V3 portal with ₹200 government fee and DSC of an authorized director. Late filing triggers ₹5,000 penalty plus ₹500/day continuing default.
Key documents include: audited financial statements (balance sheet, profit and loss, notes), member register showing 200+ members, deposit register, loan register with security details, bank statements with 10% FD proof, board meeting minutes (minimum 4 per year), AGM minutes, and a valid Class 3 DSC for authorized signatory.
Nidhi company annual compliance at IncorpX starts at ₹4,999 per year. This covers AOC-4, MGT-7, NDH-1, NDH-3 (both filings), DIR-3 KYC, board and AGM minutes, and audit coordination. Government filing fees of ₹200 to ₹600 per form are extra. Statutory audit by a CA costs ₹8,000 to ₹25,000 additionally.
Non-filing of NDH-1 attracts a penalty of ₹5,000 on the company plus ₹500/day for each day of continuing default. Officers in default face the same penalty individually. The company cannot function as a Nidhi until NDH-1 is filed, effectively halting deposit acceptance and lending operations.
Late filing of AOC-4 attracts additional fees of ₹100/day from the due date until actual filing, subject to maximum ₹10 lakh. AOC-4 is due within 30 days of AGM. After 270 days of delay, additional fees double. Every director in default is also personally liable for the penalty amount.
If the Central Government revokes Nidhi status under Rule 6 of Nidhi Rules, 2014, the company must immediately stop accepting deposits, remove Nidhi from its name, and repay all existing member deposits per the prescribed schedule. The company can no longer issue loans against gold, silver, property, or FDs to members.
The ₹4,999 annual package includes: filing of AOC-4, MGT-7, NDH-1, NDH-3 (both half-yearly returns), DIR-3 KYC for all directors, preparation of board and AGM minutes, statutory register maintenance, audit coordination with a practising CA, NDH form support, deadline tracking with compliance calendar, and a dedicated CA/CS manager.
Yes. A Chartered Accountant is mandatory for statutory audit of all Nidhi companies under Section 139 of the Companies Act, 2013. A Company Secretary is recommended for ROC filings and secretarial compliance. At IncorpX, our combined CA/CS team handles both audit coordination and all MCA filings starting at ₹4,999 per year.
Late filing of NDH-3 attracts a penalty of ₹100/day per form until the date of actual filing. Since NDH-3 is filed twice per year, both late filings attract separate penalties. Continued non-filing can trigger a show cause notice from MCA and potential Nidhi status revocation under Rule 6 of Nidhi Rules, 2014.
Government fees on MCA portal: AOC-4 costs ₹200 to ₹600 (based on authorized capital), MGT-7 costs ₹200 to ₹600, NDH-1 as GNL-2 attachment costs ₹200, NDH-3 as GNL-2 costs ₹200 each (twice per year), ADT-1 costs ₹200 to ₹600, and DIR-3 KYC is free if on time but ₹5,000 if late.
A Nidhi company is a type of NBFC but exempt from RBI regulation under Section 45-IA of the RBI Act. Nidhi is regulated by MCA, NBFC by RBI. Nidhi can only deal with members and needs 200 members with ₹20 lakh NOF. NBFC needs ₹2 crore NOF and an RBI licence. Nidhi files NDH forms; NBFC files NBS returns.
Nidhi company compliance includes all private limited requirements (AOC-4, MGT-7, DIR-3 KYC, ADT-1) plus Nidhi-specific filings: NDH-1 (statutory compliance return), NDH-3 (half-yearly, filed twice), and NDH-4 (declaration). Nidhi companies also face ongoing 200-member and ₹20 lakh NOF monitoring that private limited companies do not require.
NDH-1 is an annual return filed within 90 days of FY end, certifying compliance with 200-member, ₹20 lakh NOF, and 1:20 ratio requirements under Rule 5. NDH-3 is a half-yearly return filed twice per year (within 30 days of each half-year) reporting deposits, loans, and member data under Rule 21.
No. Under Nidhi (Amendment) Rules, 2022, a Nidhi company cannot open branches outside the state of its registered office. Branches within the home state require filing Form NDH-2 with the Regional Director. Closing a branch requires Form NDH-5 with a newspaper notice in both local language and English daily newspapers.
Under Rule 18 of Nidhi (Amendment) Rules, 2022, a Nidhi company cannot declare dividend exceeding 25% of its net profit in any financial year. This cap was introduced in the 2022 amendment. Dividend declaration requires board approval and AGM resolution, with compliance reported in the NDH-1 annual return filing.
All Nidhi company compliance forms (NDH-1, NDH-3, AOC-4, MGT-7, DIR-3 KYC, ADT-1) are filed electronically on the MCA V3 portal at www.mca.gov.in. Your jurisdiction is determined by the Registrar of Companies (ROC) office based on your registered office state. Filing requires a valid Class 3 DSC.
Yes. Nidhi company compliance requirements are uniform across India since they are governed by the central Companies Act, 2013 and Nidhi Rules, 2014. Forms, deadlines, and penalties are identical for all states. The only state-level variation is the ROC jurisdiction (e.g., ROC Mumbai, ROC Chennai) that processes filings.
Your ROC office depends on your registered office location. Major ROC offices include: ROC Mumbai (Maharashtra), ROC Chennai (Tamil Nadu), ROC Delhi (Delhi/Haryana), ROC Hyderabad (Telangana), ROC Bangalore (Karnataka), ROC Kolkata (West Bengal), and ROC Kanpur (Uttar Pradesh). Check your Certificate of Incorporation for exact jurisdiction.
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Simon Job
4.9/5
I recently used IncorpX to register my limited liability partnership, and I had an amazing experience! There were no hidden fees, and the team was helpful, quick to respond, and open. They provided thorough explanations of each step, and their services are reasonably priced without sacrificing quality. The entire process was made simple by IncorpX's professionalism, attention to detail, and sincere support. Strongly advised!
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Jay R
4.8/5
The experience was flawless; the team completed each task with care and always responded quickly. Throughout the process, I never felt stuck. We would especially like to thank Saksham and Sriram for making everything run so smoothly! The IncorpX team offers extremely competitive pricing; anyone just starting out should definitely get in touch with them.
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Mohammed Affan
4.9/5
I'm really grateful to the wonderful team at IncorpX for helping bring my co-founder's and my dream to life. The whole process was super smooth - fast service, great support, and no hassles at all. I'd highly recommend IncorpX to any new entrepreneur or founder looking to register their company. Excited to continue working with them in the long run. Thank you, IncorpX!
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Riyom Taipodia
4.6/5
One of the best agency I have ever experienced. Team members are very friendly as if we know each other from before and came communicate and share easily. My work has been done in a very short period and I am so happy. Thank you so much.
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Ayyappa Swamy
5/5
Highly recommend... IncorpX services regarding incorporation of our company and roc filing and all are very impressive.. the team IncorpX is polite and friendly. Our Lands Time pvt ltd has incorporated through IncorpX... And thanks to IncorpX team..
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Ramesh Babu
4.9/5
Trouble free service, Rendering good co-operation for company incorporation. Trust worthy team to have better knowledge.
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Pravesh Kudesia
5/5
IncorpX is providing best service... And user experience! Thank You IncorpX Team
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Balaji Gutte
4.9/5
I recently got my Private Limited Company incorporated through IncorpX, and the experience was seamless! The team was professional, supportive, and quick to respond throughout the process. Highly recommend IncorpX for a smooth and stress-free company registration experience.
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Dia
5/5
I'd been planning to register my Private Limited Company for months but didn't know where to start - until I found IncorpX. The team guided me step by step, explained everything clearly, and completed the registration smoothly within the promised timeline. Their pricing was transparent with no hidden charges. Highly recommend IncorpX to anyone starting a business!
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