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Rule 5, Maharashtra Mines and Minerals (Development and Regulation) Act, 1957 (Licensing) Rules, 2020 [SFE-V8N]

As at 7 September 2026. In force from 28 October 2020.

In Maharashtra Mines and Minerals (Development and Regulation) Act, 1957 (Licensing) Rules, 2020 [R1R-TX1]. This text from 28 October 2020. No other text held.

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Cite: Rule 5, Maharashtra Mines and Minerals (Development and Regulation) Act, 1957 (Licensing) Rules, 2020 [SFE-V8N]. Machine: SFE-V8N.

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 statement of account in his possession in a safe and proper manner and separately from anything of a different description, shall produce every such statement of account for inspection on request by the Inspector of Moneylenders, and shall not part with the certificate of registration to any other person.

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Rule 5, Maharashtra Mines and Minerals (Development and Regulation) Act, 1957 (Licensing) Rules, 2020 [SFE-V8N]