Corporate Affairs Ministry will certainly hold an in-depth review meeting this week to create methods to curb prohibited Multi Level Marketing (NETWORK MARKETING) investment systems, amid increasing circumstances of investor money being swindled with such activities. “Some companies are understood to misusage the NETWORK MARKETING system and I am worried pertaining to it. I am taking a meeting […]
87 MLM Companies being Probed By Government
New Delhi: A total of 87 MLM companies have come under the government scanner for presumably running illegal multi-level marketing (MLM) investment schemes and seven of them are being probed for potentially serious fraudulences. The government has actually done examination of accounts of 80 business for any sort of violation of company regulations, Corporate Affairs […]
India All Set For New Strict MLM Laws
The government of India is close to settling brand-new regulations for multi-level marketing firms in India and is also working on early warning system to prevent MLM company frauds. The Serious Fraud Investigation Office (SFIO) — under the corporate affairs ministry– is working on a very early caution system that might assist in preventing company […]