HC asks TN Govt to contemplate preventive steps against MLM Companies

Frame tips to stay Check on MLM Businesses.

CHENNAI: during a bid to prevent multi-level selling businesses from cheating folks by floating engaging however unviable schemes, the Madras state supreme court asked the government to seem on the far side simply prosecuting the offenders and to require preventive measures, together with giving acceptable promotional material among the general public.

The first bench comprising jurist S K Kaul and Justice T S Sivagnanam passed the orders on a PIL moved by V R Othisamy seeking direction to the govt to border acceptable tips to forestall and stop MLM within the State.

When the petition came up for hearing, the bench same, “The greed for extracting cash while not realising the pitfalls has resulted publically being misled into investment in MLM schemes.” strategy haven’t tried to be property.

Written by Editor in Chief

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One Response

  1. The MLM industry always seems to get tarnished because of some bad companies out there but is this not true in all forms of business? There are some fantastic MLM businesses out there and why should they suffer because of the bad ones.

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