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सरकार ने मल्टीलेवल मार्केटिंग(MLM) कंपनियों के व्यापार को अप्रत्यक्ष रूप से झटका

| News | 04/10/2012

mlm law in india
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सरकार ने मल्टीलेवल मार्केटिंग (MLM) कंपनियों के व्यापार को अप्रत्यक्ष रूप से झटका देते हुए उत्पाद बिक्री के एवज में एजेंटों को दिए जाने वाले इंसेंटिव पर पाबंदी लगा दी है।

मल्टी लेवल मार्केटिंग कंपनियां उत्पाद की कीमत के अलावा अन्य किसी भी तरह का कमिशन या प्रोत्साहन राशि नहीं दे सकेगा । कैबिनेट ने राज्य में डायरेक्ट सेलिंग बिजनस में लगी मल्टीलेवल मार्केटिंग कंपनियों के नियमन के दिशा निर्देशों को मंजूरी दे दी है।

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Moneylife Foundation sends representation to PM, FM and RBI urging ban on MLM schemes

| Blog | 18/05/2011

MLM Law India
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Moneylife Foundation urges the PM and others to completely ban MLM companies in India or bring these companies under the regulation of either RBI or SEBI.

From past few years we have seen MLM scams at a regular interval, the scamster comes in disguise with get rich quick schemes. Kanakdhara, GoldQuest, StockGuru India and many such companies have swindled crores of rupees out of India. It’s not only loss of people’s money but legal hassles people face after company’s exit. Things have reached to a situation where we need a body to regulate Network Marketing in India. Such a body should study the business concept and products offered by the MLM company before they could enter into the market. This given article covered by Moneylife foundation, they have covered many issues related to Multi-level Marketing in the past. Let us know if you agree or disagree with the view-point of Moneylife.

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Speak Asia in trouble at Chhattisgarh-Raipur after Star News Coverage

| News, Speak Asia | 14/05/2011

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MLMNewsBlog Editor

Have you ever played the game of falling down dominoes or a card game, where we make a pyramid. A slightest blow can destroy your game. If you plan to play it, be careful. Speak Asia, one of the most promising MLM company has been severely hit by the recent Star News Coverage. If you have seen Star News Coverage carefully, you will know that Star News has actually highlighted few things, like why the rate of dollar set at Rs.50 which goes against Foreign Exchange Management Act.( FEMA ) as per RBI regulation, ICICI Bank, Ing Vysy, Bata all are saying they are not associated with Speak Asia in any way. There are many other questions which are not answered properly by Speak Asia.

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Star News – Speak Asia Online News report, Legitimate or a Scam?

| News, Speak Asia | 12/05/2011

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Star News – Speak Asia Online News report, Legitimate or a Scam.

 

In India we cannot call a concept a scam unless it happens and when a scam happens, no body is there to help. From past two months, most media organizations have covered news reports on Speak Asia Online and most say that it is going to be the next MLM scam, to name few, UniPay2, Stock Guru India, etc,

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33 Chit Fund companies sealed at Gwalior – Madhya Pradesh(M.P)

| News | 07/05/2011

chit fund- www.MLMNewsbLog.com
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May 8, 2011 01:42 AM,

33 Chit Fund companies sealed at Gwalior – Madhya Pradesh(M.P). Administration and police in the city, with a combined team on Monday did raid over two dozen of corporate offices of Chit Fund Companies and seized a large number of records. The records related to the business of these companies have been asked to present in two days.

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