DCNL SHARE HOLDER RELATION
Dreamland City Nidhi Ltd is a type of company in the Indian non-banking finance sector, recognized under section 406 of the Companies Act, 2013. Their core business is borrowing and lending money between their members.

When you become a member of Dreamland City Nidhi Ltd. You are allotted one share of Rs. 10 only. But this gives you a right to participate in the management process of the organization through the A.G.M. you can otherwise also post your suggestion for improving the functioning of the Company. Our Company Functions like a well-oiled machine and we understand each other so well that we have spontaneously started treating our members as part of Dcnl family. Because of the avowed objective of the initiative when we committed ourselves to ensure welfare of our membership through financial support, we are improving the standards of life and rendering all possible technology driven financial services under one roof.

Membership Benefit

1. A member can open saving/recurring/fixed deposit account in the company.
2. A member is only Eligible for any type Of Security Loan from the Dreamland City Nidhi Ltd
3. A Member Can Avail the All the Facilities Provided by Dcnl to its members
4. Any Member is always shareholder of Dcnl Also, So he/she can Participate in DCNL Decision Making Process By Dcnl AGM
5. Dcnl Regularly Divides Dividend to Its Member against shareholding in Dcnl, Hence Members Get Financial Strength from Dcnl
6. Dcnl regularly Organize Different Knowledge Level Program For Its Member and Other Cultural Program
7. Through Dcnl Membership any One can participate in Social welfare activities
8. Dcnl Organize And Provide Different Event And Other Platform time to time For Welfare of Our Member in many Manners

Membership Terms & Condition:

1. A Person is to be a member once in the company during his life period.
2. A person must affix his passport size photograph along with identity proof in the application from which are mandatory.
3. The membership fee is Rs. 10/- for saving/recurring deposit account holder & Rs. 100/- for fixed deposit Holders.
4. Minor cannot be a member of the company.
5. The lunatics are also not eligible for membership in the company.
6. No person shall be eligible for loan against security without membership.
7. At the time of Maturity, the specimen signature of the member should be tailed.
8. If Any Member Cease His/Her Membership for Dcnl, He/She Can again resumed His/her Membership any time in future by Giving One Application
9. The applicant shall not be a member of another Nidhi / Mutual Benefit Company.
10. The applicant shall be of major, sound mind and eligible to enter into a contract or agreement.
11. The member shall not have been punished for any criminal offense by any court of law.
12. The member shall not be engaged with any other competitor of the company in any manner.
13. The member can transfer shares only after he/she/they have completed one year of the membership in the company.
14. In case of loss/transfer of Share Certificate the member have to pay Rs. 200/- for reissue of the Share Certificate.
15. The company reserves all the rights related to the refund/buyback of shares.
16. The membership of the applicant can be terminated by the company if any of the information provided by the applicant is found false/wrong and/or if the member does not comply with the terms and conditions of the company.
17. The Membership and Shareholding are also subject to the provisions of the Companies Act 2013, Nidhi Company Rules & Regulations and all other applicable rules and regulations in India.