Rule 12, Maharashtra Mines and Minerals (Development and Regulation) Act, 1957 (Inspection) Rules, 2020 [SBX-2FP]
As at 7 September 2026. In force from 2 February 2020.
Conditions of registration.—Every nidhi company shall carry on the business of a nidhi only at the premises specified in the certificate of registration, shall keep every cheque in his possession in a safe and proper manner and separately from anything of a different description, shall produce every such cheque for inspection on request by the Nodal Officer, and shall not part with the certificate of registration to any other person.
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