The Nidhi Company Registration Process under the Companies Act of 2013 is straightforward and efficient. It involves forming a public limited company with at least three directors and seven members. The company must include "Nidhi Limited" in its name and follow all MCA and RBI guidelines. Key steps include obtaining a Director Identification Number (DIN), a Digital Signature Certificate (DSC), and submitting the Memorandum and Articles of Association. Upon approval, the company operates as a non-banking financial institution, promoting savings and loans among its members.