BUSINESS: Accepting Deposits from the members and granting loans to members on pledge of jewels,fixed deposits,mortgage of immovable properties and securities approved by MCA. Particulars of management:The company is managed by the Board of Directories Consisting of 3 persons who are pioneers in this Nidhi industry.
The financial activites of the fund are regulated by the ministry of corporate Affairs(MCA). It must however,be distinctly understood that the MCA does not undertake any responsibility for the financial soundness of the fund or the fund or the correctness of any of the statement or the representations made or opinions expressed by the fund and for repayment of deposit/discharge of liabilities by the funds.
