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Nidhi Company

Nidhi Company is defined under Section 406 and Section 620A of Companies Act 2013. One must strictly adhere to the Nidhi compliances if one fails to meet its compliances heavy penalties will be levied. As per the Companies Act, 2013 Nidhi Company is a non-banking financial entity. Its function is borrowing and lending money among its members.

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To assure the safety, effectiveness, and quality of the medical products produced, imported, and distributed in the nation, CDSCO is continually working to increase openness, accountability, and standardization in its services. It is essential to obtain CDSCO License in India.
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