As we are here to know What is Ministry of Corporate Affairs and What it stated on Networking/MLM...?
Ministry of Corporate Affairs:
The Ministry of Company Affairs (MCA) is an Indian Government ministry. It is charged with administering the Companies Act 1956 and other acts related to Indian private sector. It is responsible mainly for regulation.
What it stated on MLM/Networking..?
It stated that "It is our considered view that the provisionsof the Prize Chits and Money Circulation Scheme (Banning) Act 1978 are not applicable to companies dealing with distribution of goods including multilevel/network marketing comanies." on 9th April 2003 with respect File No. 21/22/IT/2001.
The Same Letter i posted here, You can see more in the Scanned Letter.
1 comments:
Creating free free mlm leads can be easy if you put your mind to it. This might be an unbelievable statement to most MLM owners, yet it couldn't be more true.
What factors related with MLM Home Based Business?
Can Network Marketing be done successfully part-time?
Post a Comment