Rule 16, Madhya Pradesh Mines and Minerals (Development and Regulation) Act, 1957 (Licensing) Rules, 2007 [SDH-VPA]
As at 7 September 2026. In force from 23 August 2007.
Annual statement.—Every nidhi company shall furnish to the Debts Recovery Tribunal, on or before the thirtieth day of April every year, a statement in Form B of every loan account held by him on the thirty-first day of March of that year, together with a certificate that the statement is true and complete, and shall preserve a copy of the statement and of the certificate for twenty-one days from the date on which it is furnished.
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