The Applicants are required to obtain an approved suitable name from the MCA. The proposed directors, who may also be Promoters of Nidhi Companies The Nidhi Companies, and Applicants to Nidhi Company Registration In India, are required to submit an application for DIN on a prescribed E-form. The Directors as well as ensigns in the Nidhi Memorandum need to apply for the DSC from a certified body. The directors of Nidhi must follow the requirements of the Companies Act 2013.