------- Banning of prize chits and money circulation schemes or enrolment as
members or participation therein: - No person shall promote or conduct
any prize chit or money circulation scheme, or enroll as a member to any
such chit or scheme, or participate in it otherwise, or receive or remit
any money in pursuance of such chit or scheme.-----
Eventhough the Money Chain or Network Marketing scams are occurring in our State & Country, Why Govt. delays in opening a monitoring authority for these Network Marketing Companies like RBI, SEBI,IRDA.
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