Amway India News MLM News

No more freeze on Amway offices : Kozhikode Court

No more freeze on Amway offices Kozhikode Court
Written by Ak Sharma

AMWAY India who is dealing with a case in Kerala, where lot of outlets closed, got a relief on Friday when the Kozhikode district court gave orders to unseal its warehouses and offices in Ernakulam, Thrissur, Kozhikode and Kannur. The relief came when AMWAY gave a bank warranty of Rs 1 crore.

The chief judicial magistrate court, Kozhikode, had earlier disregarded an application for the very same on March 25. The company submitted a modification request at the area court on April 24 stating the goods secured are disposable and that because of search, seizure and office closing, the local business at these regions had come to a dead stop.

The economic offences Crime Division, Kozhikode, searched the offices and godowns of Amway in the four areas on November 9 in 2012. Sealing them the exact same day and a case was registered against the directors of the firm under Prize Chits and Money Circulation Schemes (banning) Act after obtaining a grievance from Vishalakshy, a local of Kunnamangalam in Kozhikode, that alleged dishonest by the firm. Amway India’s Chief Executive Officer William Scott Pinckney and two of his directors were detained by the Criminal offense Division on May 27 and permit off on bail the next day.

Vishalakshy, in her grievance, alleged that from September 2010 onwards, two persons, Ashokan and Firoz, generated her to sign up with multi level marketing company, Amway and on different times collected Rs 2.5 lakh and also yet another Rs. 50,000 for taking an insurance plan. However she could not sell the Amway products and the money was not returned.

SUBSCRIBE TO Networking Eye

Sign up for our newsletter and receive news, updates, and the latest alerts.

Join 2,163 other subscribers

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.