Question : NIDHI COMPANIES

(a) whether several Nidhi Companies registered under the Company Act, 1956 have vanished with thousands crores of rupees of the innocent investors/depositors;

(b) if so, the details thereof; and

(c) the action being taken against these Nidhi Companies?

MINISTER OF LAW, JUSTICE & COMPANY AFFAIRS AND SHIPPING (SHRI ARUN JAITLEY)


(a) No, Sir.

(b) and (c) Does not arise.