1) Obtaining DSC & DIN Digital Signature Certificate (DSC) and Director Identification Number (DIN) is required for the proposed Directors of the Nidhi Company. DIN and DSC can be obtained for the proposed Directors within 5 to 7 days.
2) Name Approval & License Once DIN and DSC are available for at least three Directors; application for reservation of name for Nidhi Company can be made to MCA. Name approval can be obtained in 3 to 5 working days.
3) Nidhi Registration Once the name approval is obtained, registration documents can be submitted to the MCA along with an application for registration. MCA will usually approve the application for incorporation in 5 to 7 days, subject to their processing time. These following primary documents are required from the Promoter Directors and Members at the initial stage:
- Xerox copy of Pan Card and Voter Card/Aadhaar Card, Three nos. original Pass-Port size photographs of Directors and Members of the Board;
- Current Mobile No. of Directors and Members of the Board;
- Documents of the Registered Office of the Company (Latest Tax Bill, Electricity Bill, Pan Card, Voter Card/Aadhaar card (Xerox) of the Owner of the premises where the registered office will be situated;
- Telephone No, Police station Details and Post office Details including Land line Phone No. of the Jurisdiction of the registered office of the company;