MCA Form NDH-3: Return of Nidhi Company for the Half Year Ended

MCA Form NDH-3: Return of Nidhi Company for the Half Year Ended. Section and Provision –
Pursuant to Rule 21 of the Nidhi Rules, 2014, Every company covered under rule 2 shall file half yearly return with the Registrar in Form NDH-3 along with such fee as provided in Companies (Registration Offices and Fees) Rules, 2014 within thirty days from the conclusion of each half year duly certified by a company secretary in practice or chartered accountant in practice or cost accountant in practice.
Purpose –

Form No. NDH-3 aims to simplify the process for filing the return of Nidhi Company for the half year ended.

Every Nidhi company shall file half yearly return with the Registrar in webform NDH-3 within thirty days from the conclusion of each half year duly certified by a company secretary in practice or chartered accountant in practice or cost accountant in practice.

Key Information –

The Form is available on MCA Version 3 portal.

Form No. NDH-3 shall be processed in STP mode and shall be taken on record through electronic mode without any further processing.

Ensure that all particulars in the webform are correct. There is no provision for resubmission of this webform.

Document Required –
1. List of all members with following details:
a) Name
b) Member status
c) Members joined during the period
d) Members ceased during the period
e) Complete residential address
f) PAN
g) Amount of deposit accepted from each member
2. Optional attachment, if any
To be digitally signed by
(Director/Manager/Company Secretary/CEO/CFO/Liquidator/ Interim Resolution Professional (IRP)/ Resolution Professional (RP))
Certificate by practicing professional –

The form shall be duly certified by a company secretary in practice or chartered accountant in practice or cost accountant in practice.

Timeline- 
The form shall be filed within half yearly return with the Registrar in webform NDH-3 within thirty days from the conclusion of each half year
Important Checkpoint while filling Form –

Please note that the signing authority of the webform has a valid and non-expired/non-revoked DSC also the DSC of the signatory is registered on MCA portal against the DIN / PAN / Membership number as provided in the webform.

Please ensure that DIN/PAN/membership number entered in the signatory field is associated with the CIN under the selected designation. ? Please ensure that CIN belongs to a Public limited company and is having share capital.

Please note branch opening is allowed only after 3 years from the date of incorporation. In case, number entered in field number 3(d) i.e. “Total number of branches at the end of the half year” is greater than ‘0’ then ensure webform is not filed before 3 years from date of incorporation of the company.

Please note net profit should be greater than ‘0’. In case, number entered in field number 3(d) i.e. “Total number of branches at the end of the half year” is greater than ‘0’ then ensure number entered in field “Net profit after tax” should be greater than ‘0’ (for all 3 financial years).

Please note that value entered in field number 3(a) i.e. “Number of branches at the beginning of the half-year' should be equal to value entered in field number 3(d) i.e. “Total number of branches at the end of the half year” of last ‘Form No. NDH-3’ filed. In case webform NDH-3 has not been filed in the past by the company, this rule shall not be applicable.

Please note in case there are more than three branches within the district or any branch is opened in a district different from district in which Company is registered and date of opening of branch falls under last 6 month from Half year end date entered in field number 2 i.e. “Half year end date (DD/MM/YYYY)” then SRN of webform NDH-2/RD-1 in field number 3(e) i.e. “SRN of NDH-2/RD-1 for application to Regional Director” is mandatory and it shall be valid and approved

Please ensure that the value entered in field “'Total number of members at the beginning of the half-year” should be equal to value entered in field “Total number of members at the end of the half year” of last webform NDH-3 filed, and minimum number should be '7'. In case webform NDH-3 has not been filed in the past by the company, this rule shall not be applicable.

Please ensure that the value entered in field “Balance of deposits at the beginning of the half year” should be equal to value entered in field “Balance of deposits at the end of the half year” of last webform NDH-3 filed.

Please ensure that the value entered in field “Balance of Loan at the beginning of the half year” should be equal to value entered in field “Balance of Loans at the end of the half year” of last webform NDH-3 filed.

Please ensure that, in case of details relating to litigation, the value entered in field “At the beginning of the half year” should be equal to value entered in field “Outstanding at the end of the half year” of last webform NDH-3 filed.

Please note branch cannot be outside the state where registered office is located.

Please ensure that the minimum value entered in the field “Total number of members at the end of the half year” should be '7'.

Please ensure that paid up equity share capital entered should be INR 5 lakhs or above.

MCA Help-kit

Section and Provision –

Pursuant to Rule 21 of the Nidhi Rules, 2014, Every company covered under rule 2 shall file half yearly return with the Registrar in Form NDH-3 along with such fee as provided in Companies (Registration Offices and Fees) Rules, 2014 within thirty days from the conclusion of each half year duly certified by a company secretary in practice or chartered accountant in practice or cost accountant in practice.

Purpose –

Form No. NDH-3 aims to simplify the process for filing the return of Nidhi Company for the half year ended.
Every Nidhi company shall file half yearly return with the Registrar in webform NDH-3 within thirty days from the conclusion of each half year duly certified by a company secretary in practice or chartered accountant in practice or cost accountant in practice.

Key Information –

The Form is available on MCA Version 3 portal.
Form No. NDH-3 shall be processed in STP mode and shall be taken on record through electronic mode without any further processing.
Ensure that all particulars in the webform are correct. There is no provision for resubmission of this webform.

Document Required –

1. List of all members with following details:

a) Name

b) Member status

c) Members joined during the period

d) Members ceased during the period

e) Complete residential address

f) PAN

g) Amount of deposit accepted from each member

2. Optional attachment, if any

To be digitally signed by

(Director/Manager/Company Secretary/CEO/CFO/Liquidator/ Interim Resolution Professional (IRP)/ Resolution Professional (RP))

Certificate by practicing professional –

The form shall be duly certified by a company secretary in practice or chartered accountant in practice or cost accountant in practice.

Timeline-

The form shall be filed within half yearly return with the Registrar in webform NDH-3 within thirty days from the conclusion of each half year

Important Checkpoint while filling Form –

Please note that the signing authority of the webform has a valid and non-expired/non-revoked DSC also the DSC of the signatory is registered on MCA portal against the DIN / PAN / Membership number as provided in the webform.

Please ensure that DIN/PAN/membership number entered in the signatory field is associated with the CIN under the selected designation. ? Please ensure that CIN belongs to a Public limited company and is having share capital.

Please note branch opening is allowed only after 3 years from the date of incorporation. In case, number entered in field number 3(d) i.e. “Total number of branches at the end of the half year” is greater than ‘0’ then ensure webform is not filed before 3 years from date of incorporation of the company.

Please note net profit should be greater than ‘0’. In case, number entered in field number 3(d) i.e. “Total number of branches at the end of the half year” is greater than ‘0’ then ensure number entered in field “Net profit after tax” should be greater than ‘0’ (for all 3 financial years).

Please note that value entered in field number 3(a) i.e. “Number of branches at the beginning of the half-year' should be equal to value entered in field number 3(d) i.e. “Total number of branches at the end of the half year” of last ‘Form No. NDH-3’ filed. In case webform NDH-3 has not been filed in the past by the company, this rule shall not be applicable.
Please note in case there are more than three branches within the district or any branch is opened in a district different from district in which Company is registered and date of opening of branch falls under last 6 month from Half year end date entered in field number 2 i.e. “Half year end date (DD/MM/YYYY)” then SRN of webform NDH-2/RD-1 in field number 3(e) i.e. “SRN of NDH-2/RD-1 for application to Regional Director” is mandatory and it shall be valid and approved

Please ensure that the value entered in field “'Total number of members at the beginning of the half-year” should be equal to value entered in field “Total number of members at the end of the half year” of last webform NDH-3 filed, and minimum number should be '7'. In case webform NDH-3 has not been filed in the past by the company, this rule shall not be applicable.

Please ensure that the value entered in field “Balance of deposits at the beginning of the half year” should be equal to value entered in field “Balance of deposits at the end of the half year” of last webform NDH-3 filed.

Please ensure that the value entered in field “Balance of Loan at the beginning of the half year” should be equal to value entered in field “Balance of Loans at the end of the half year” of last webform NDH-3 filed.

Please ensure that, in case of details relating to litigation, the value entered in field “At the beginning of the half year” should be equal to value entered in field “Outstanding at the end of the half year” of last webform NDH-3 filed.