What is eForm NDH-1?

Every Nidhi within 90 days from the end of the first financial year after its incorporation and where applicable, the second financial year, file a return of statutory compliances in Form NDH-1.

 eForm NDH-1 is required to be filed pursuant to Section 406 of the Companies Act,2013, and Rule 5 of Nidhi Rules, 2014.

According to Section 406 of the Companies Act, 2013, " Nidhi" or " Mutual Benefit Society" means a company that the Central Government, by notification in the Official Gazette, declares to be a Nidhi or Mutual Benefit Society. The Central Government, by notification in the Official Gazette, directs that

Any of the provisions of this Act specified in the Notification—

(a) shall not apply to any Nidhi or Mutual Benefit Society; or
(b) shall apply to any Nidhi or Mutual Benefit Society with such exceptions, modifications and
adaptations (1) In this section, " Nidhi" or " Mutual Benefit Society" means a company in which the Central Government may, by notification in the Official Gazette, declare to be a Nidhi or Mutual Benefit Society, as the case may be.

The Central Government in the Official Gazette directs that any of the provisions of this Act specified
in the notification—

(a) shall not apply to any Nidhi or Mutual Benefit Society; or
(b) shall apply to any Nidhi or Mutual Benefit Society with such exceptions, modifications, and adaptations as may be specified in the notification. A copy of every notification proposed to be issued under sub-section (2), will be laid in draft before each House of Parliament, while it is in session, for a total period of thirty days, and if, both Houses agree to disapprove the issue of notification or both Houses agree to make any modification in the notification, the notification shall not be issued or, as the case may

According to Rule 5: Requirements for a minimum number of members, net owned fund, etc - Every Nidhi within a period of 1 year from the date of its incorporation, ensure not less than 200 members, Net Owned Funds of 10,00,000 rupees or more, unencumbered term deposits of not less than ten percent of the outstanding deposits as specified in rule 14 and the ratio of Net Owned Funds to deposits of not more than 1:20.

Within 90 days from the close of the first financial year after its incorporation and where applicable, the second financial year, Nidhi shall file a return of statutory compliances in Form NDH-1 along with such fee as provided in Companies (Registration Offices and Fees) Rules, 2014 with the Registrar duly certified by a company secretary in practice or a chartered accountant in practice or a cost accountant in practice.

If a Nidhi is not complying with clauses (a) or (d) of sub-rule (1) above, it shall within thirty days from the close of the first financial year, apply to the Regional Director in Form NDH-2 along with the fee specified in Companies (Registration Offices and Fees) Rules, 2014 for extension of time and the Regional Director may consider the application and pass orders within 30 days of receipt of the application

Due Date of eForm NDH-1

 The due date for the return of statutory compliances is 90 days from the end of the financial year.

The Companies (Registration of offices and Fees) Rules, 2014 

• Fee for filing e-Forms or documents in case of the company has a share capital.

Additional Fees Rules