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One example of nidhi company? & Meaning of it

Sumita Shah

Sumita Shah

CA Inter

★ 2K+

15-Oct-21 13:44

239

Answers (1)

Nidhi company is a company incorporated with the object of developing the habit of thrift and savings amongst its members. It receives deposits and lends money to its members for mutual benefit.

Ashlesha Atal

Ashlesha Atal

Faculty

15-Oct-21 13:54

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