PramodKumar (Officer) 19 November 2010

Legality of Pyramid Schemes and Chain marketing

Whether Pyramid Schemes/Chain marketing are legal in india and whether there are specific laws governing such schemes in India and under which Act?

(Guest)

please clarify whether you are referring a Multilevel marketing or network marketing ?

PramodKumar (Officer) 19 November 2010

Please enlighten on both the cases.

(Guest)

Expert : A V Vishal has already answered for this query under expert heading. So there is no need to answer further

PARTHA P BORBORA (advocate) 20 November 2010

yes both are legal in india if necessery permissions obtained by the company