Fill Your Details & Get Your Quote

Get Instant Quotation over whatsapp

Closing Of Nidhi Company

Mylegal Route Is The Answer.

Online Closing Of Nidhi Company Starts at Rs. 35000.00 / -
(Exclusive of all Expenses) Order Now

About Closing Of Nidhi Company

The Process of closing a Nidhi Company is known as Strike off or company closure. Company closure is done under newly notified rules Companies (Removal of Names of Companies) Rules, 2016 which governed by section 248 of Companies Act, 2013. Closing a Nidhi Company require a special skills to adequately relieve you from all responsibility.


If you are not running a company and not even complying with the law then you can file Nidhi Company closure to avoid being in default. A dummy company, defunct company, non operative companies can file for Company closure to avoid late penalties etc.

Documents Required

Indemnity Bond notarized by Directors (STK 3)

Statement of Accounts latest

Statement of Accounts containing assets & liabilities of the Company Audited by CA

Affidavit in Form STK 4 by every Company

Special Resolution or Consent of 75% Members


Bank Account Closure Certificates

PAN Card of the Company


  • It helps you to save every year compliance cost.
  • Saves you from non compliance penalties.
  • No More Headache of record keeping.
  • No more director in Default.
  • Closing a company will prevent you from unnecessary IT demands.
  • You breathe easy and productive.

Methods Of Closing

Defunct Company

A defunct company is nothing but a company that is failing to provide compliance to the activities to match the legal levels also the company that is not producing returns and other filings as such to stay legal on the yearly basis. The defunct company can be free from all the legal ties it has, but it differs as the Tribunal is given on the basis of its failure to do any transactions financially and so on.

Winding up Voluntarily

This type is a situation where the members inside the company decide to wind up all the operations and legal partnership ties the company would have externally. Here the main factor is the passing of special resolution in the board.

Selling a Nidhi Company

Selling off a Nidhi Company is like providing a voluntary closure, but the thing that differs here is that the control and the total members of the current ownership team are severed off from all the ties with the company and the company given to a new interested buyer and all the properties and legal ties the company has would be transferred to the person who is buying the company.

Frequently Asked Questions

A Nidhi company , is one that belongs to the non-banking Indian finance sector and is recognized under section 406 of the Companies Act, 2013. Their core business is borrowing and lending money between their members. They are also known as Permanent Fund, Benefit Funds, Mutual Benefit Funds and Mutual Benefit Company.

Yes, it is a mandatory process to solve as the MCA database has to stay updated that the company is free from all the legal ties.

The primary factor is that the company must at least be 1 year old in terms of nature of functioning in order to apply for closing.

The Form has to filled be filed with ROC office within 30 days from the date of Signing of the Statement of Assets and Liabilities.

FTE is a company closure scheme initiated by MCA for easy and faster closure of Company. This is a mandatory thing to address in order to close a company.


One stop for all your legal solutions. Mylegalroute offers the best services on time.Highly recommended.

One can expect the best legal advice & timely completion of the work.

Thankful to team Mylegalroute. They are like your true friend, you ask for favour & they are always for you to provide you with the best.

Commitment, transparency, timely delivery, patience etc , are the words to describe the services of Mylegalroute. They are simply the best.

When you think for corporate solutions ,you think for Mylegalroute.

Ease of doing business = Mylegalroute.

You name it,they provide it. Mylegalroute provide the best services in the market.

You can trust Mylegalroute for long venture. I have been associated with Mylegalroute for quite sometime & they have never disappointed me .They have always fulfilled their commitment.