Which of the following is/are true regarding Nidhi Company?1) As per Nidhi Rules, 2014, a Nidhi company shall be a public company.2) Every Nidhi company shall, within a period of one year from the commencement of Nidhi Rules, 2014, ensure that it has not less than one hundred members.

Which of the following is/are true regarding Nidhi Company?1) As per N

1.	Which of the following is/are true regarding Nidhi Company?1) As per Nidhi Rules, 2014, a Nidhi company shall be a public company.2) Every Nidhi company shall, within a period of one year from the commencement of Nidhi Rules, 2014, ensure that it has not less than one hundred members.
A.	Only 1
B.	Only 2
C.	Both 1 and 2
D.	Neither 1 nor 2
Answer» B. Only 2

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Which of the following is/are true regarding Nidhi Company?1) As per Nidhi Rules, 2014, a Nidhi company shall be a public company.2) Every Nidhi company shall, within a period of one year from the commencement of Nidhi Rules, 2014, ensure that it has not less than one hundred members.

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