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[Cites 0, Cited by 0] [Section 7] [Entire Act]

Union of India - Subsection

Section 7(3) in Nidhi Rules, 2014

(3)Every Nidhi shall allot to each deposit holder at least a minimum of ten equity shares or shares equivalent to one hundred rupees:Provided that a savings account holder and a recurring deposit account holder shall hold at least one equity share of rupees ten.