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Start learning 50% faster. Sign in nowSection 5 for minimum number of members, net owned fund etc.: (1) Every Nidhi shall, within a period of one year from the commencement of these rules, ensure that it has: (a) not less than two hundred members; (b) Net Owned Funds of ten lakh rupees or more; (c) unencumbered term deposits of not less than ten per cent of the outstanding deposits as specified in rule 14; and (d) ratio of Net Owned Funds to deposits of not more than 1:20.
In which of the following reports, the Law Commission recommended the “Breakdown Principle” to be accepted as the additional ground for divorce:
When do the standing orders or modified standing orders come into operation, as per Code 33 (1) of the Occupational Safety, Health and Working Conditio...
Why the Constitution is considered the supreme law of the land in India?
A Special Court may, if it thinks fit, try in a summary way any offence under the Companies Act which is punishable with _______________
Can the extension of the period of corporate insolvency resolution process be granted more than once as per the IBC section 12?
When the question is whether any person is owner of anything of which he is shown to be in possession, the burden of proving that he is not the owner i...
A civil court can not issue commission in the following case :
If the stock exchange fails to submit the scheme of corporatization and demutualization or the scheme submitted is rejected by SEBI, then the central...
Which of the following definitions accurately describes a "Member" as per FEMA?
In 2020, the Ministry of Home Affairs constituted a committee to review the three codes of criminal law. Who was appointed as the head of this committee?