HC asks TN Govt to contemplate preventive steps against MLM (Multi Level Marketing) - Direct Selling News Reviews & Updates of Companies

DirectSelling.co.in "News,Review & Updates" a platform for Genuine Product Based Company Information Get Latest Direct Selling News, Network Marketing News, MLM News of Indian Companies. FREE MLM Leads , MLM Classifieds, MLM Business, MLM Leaders, MLM Plan, MLM NEWS INDIA, Latest MLM News, Hindi MLM News, MLM News In English, MLM News in India, mlm news in Hindi, Indian MLM News Portal, No.1 MLM News websites- MLMNewspaper.com

Windows

test banner

Post Top Ad

Responsive Ads Here

HC asks TN Govt to contemplate preventive steps against MLM (Multi Level Marketing)

Share This
HC asks TN Govt to contemplate preventive steps against MLM.

Madras court has delineate multi-level selling schemes as Pyramid schemes expressed to be non-sustainable business model and asked the govt. to contemplate preventive measures in order that individuals aren't lured by such schemes.

"The regime could look at the difficulty from the attitude of not solely prosecuting the violative parties, however taking preventive measures, together with acceptable message, in order that individuals aren't lured by such schemes," it said.
ADVERTISING


"The greed for extracting cash while not realising the pitfalls has resulted publically being misled into investment in these MLM's," a bench comprising magistrate Sanjay Kishan Kaul and Justice TS Sivagnanam same eliminating a PIL.

Petitioner V R Othisamy had wanted a direction to the govt. and also the Police authorities to require necessary action by framing acceptable pointers to stop and stop running of any business within the name of MLMs.

The court same MLM was a theme involving exchange of cash primarily for enrolling others to earn a lot of by straightforward technique of introducing new members to grow within the pyramid.

The PIL was filed within the background of AN MLM in Erode grouping Rs 800 large integer investments from public and defaulting on interest and principal reimbursement.

No comments:

Post a Comment

Post Bottom Ad

Responsive Ads Here

Pages