The Ministry of Corporate Affairs, (MCA), on July 16, 2024, notified the Companies (Incorporation) Amendment Rules, 2024 to further amend the Companies (Incorporation) Rules, 2014.
The following has been stated-
•In rule 8A, in sub-rule (1), (i.) in clause (p), the word "Nidhi", shall be omitted, (ii.) clause (v) shall be omitted.
[Notification No. 1/13/2013-CL-V, Vol. IV]