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Sunday, 19 June 2011

Money chain in Kerala - article - legal issues. Even joining in money chain is an offence in India.

Just joining in money chain is an offence as it is against the provisions of Prize chits and Money Circulation Banning Act. 

3 comments:

  1. Money chain = Multi Level Marketing - Product
    Multilevel Mkg is not prohibited in India. That is the problem.

    ReplyDelete
  2. Multi Level marketing is not money chain.It is a way of selling products without dealers.If you do not know something do not make irresponsible comments

    ReplyDelete
  3. Pleas read Price Chits and Money Circulation scheme prohibition Act 1978.
    Or be bold enough to reveal identity. Not interested in debate with anonymous persons.
    IGNORANCE OF LAW IS NOT AN EXCUSE !

    ReplyDelete