Tuesday, 16 October 2012

नेटवर्क मार्केटिंग के नाम पर गरीबों से लूट


ग्वालियर (15 अक्टूबर)! आज कल नेटवर्क मार्केटिंग के नाम पर गरीबों एवं बेरोजगारों को लूटने का खेल खुलेआम चल रहा है. आज कल ढेरों ऐसीं कंपनिया बाजार में आसानी से देखि जा सकती है जो बेरोजगारों एवं गरीबों को आसानी से पैसा कमाने के तरीके बताते हुए अपनी कंपनी से जुड़ने की बात करते है. कंपनी से जुड़ने के लिए एक निश्चित रकम चुकानी होती है.
कंपनी से जुड़ने के बाद ये कंपनी नेटवर्क मार्केटिंग के नाम पर अपने प्रोडक्ट को महंगे दामों पर बेचने के लिए लिए बाध्य करती है, इनका बिजनेस मोडल या तो पिरामिड सिस्टम पर आधारित होता है या फिर बाइनरी सिस्टम पर जो की "प्राइज चिट्स एंड मनी सर्कुलेसन एक्ट 1978 (बैनिंग) के तहत अवैध होता है एवं पकडे जाने पर 3 साल के करावाश का प्रावधान है.
इस प्रकार की अवैध कंपनिया पहले युवकों को स्वर्णिम स्वप्न दिखतीं है और फिर दावा करतीं है की अगर आपको अपने इन सपनो को साकार करना है तो कंपनी के साथ जुड़ कर नए सदस्यों को जोडीये.
इस समबन्ध में जब हमारी टीम ने ग्वालियर के जिलाधीश पि.नरहरी से बात की तो उन्होंने कहा की अभी तक इस प्रकार के किसी भी कंपनी के सञ्चालन से सम्बंधित कोई सिकायत नहीं आयी है, अगर कोई सिकायत आती है तो दोषियों पर अविलम्ब कार्यवाई की जाएगी.
इस प्रकार के कंपनी से जुड़े एक व्यक्ति ने नाम न छपने के शर्त पर बताया की उन्हें मीडिया एवं उन व्यक्तिओं जो की कंपनी के बारे में ज्यादा जानकारी देने को कहते है, से दूर रहने को कहा जाता है.
यही कारण है की इस प्रकार की कंपनी से जुड़ने वालों में से ज्यादात्तर गाँव के कम पढ़े लिखे लोग ही सामिल है.


--
Deepak Kumar

14 comments:

KORAPUTIA BANDHU said...

PETER , WRITE SUMTHING CONSTRUCTIVE.ANY WAY U HAVE BEEN SHOWING UR FAMILY BACK GROUND BY WRITTING WORDS. PITY ON UR PARENTS, THEY HAVE A SON LIKE U ..WHU LOOTED THEIR OWN RELATIVES...AND, HERE, wowwwwwww. we have made 5 n0-maal martians run for 5 hours in the municipality ground. the gathering collected money from the uplines. and more people are being made to run . request all to make more people to run .THESE THIEVES HAVE LOOOTED THE MONEY OF FRIENDS AND RELATIVES AND GAVE IT AWAY TO THEIR GOD-FATHER, GS SEKHAWAT. NOW THE TIME IS TO RECOVER THE LOST MONEY.
people like peter have looted students also. even they have complaints like.....My name is kshatri shyam jagan raj singh thakur. Iam studying polytechnic final year in andra pradesh. And I joined in "nmart", since five mounths near rajahmundry in andra pradesh. & My a/C is 34793351, & I achieved 5 coupons, each coupon 220r.S. But I DID not received any coupons.After the joining in "nmart" they offered a suit length to me but, present day they DID not send any suit length to me. And my seniors also not taking any responsibility so kindly requesting, please help me.

so even after complaints on http://www.grahakseva.com/complaints/100799/less-hope-in-nmart,
Working incentive not paid by Nmart
By Hardeep Singh Kataria on 15th Oct. 2012
Nmart fraud with hope
By Jaja Sree Voona on 12th Oct. 2012
Not receiving nmart items(kirana items)and suit cloth of worth rs.5500/-
By Santosh Suresh Khandagale on 11th Oct. 2012
Nmart cheating public
By Vitthal Ramchandra Chavan on 11th Oct. 2012
Open cheating at nmart retails
By Jigar Thakkar on 10th Oct. 2012
Non availabilty of any retail items on nmart hadapsr branch from last four month minimum
By Shyam Frankline on 09th Oct. 2012
Nmart pvt ltd cheated me worth of rs.35,000/-
By Hs Kiran Singh on 09th Oct. 2012
Nmart tumse hasu ya royu !
By Sukhen Dhar on 09th Oct. 2012
About n mart shopping
By Nilesh Rasal on 08th Oct. 2012
Nmart starter kit not received
By Priya on 08th Oct. 2012
Last two month nmart shop can't open in salem branch
By M.Shanthi on 08th Oct. 2012
Nmart product not received yet
By Pooja Garg on 08th Oct. 2012
Nmart welcome kit and coupon not received
By Pankaj on 08th Oct. 2012
Nmart smart card not received
By Waghmare Maruti Mahadeo on 08th Oct. 2012
N mart retail outlet closure
By Nilesh Kawlekar on 08th Oct. 2012
Nmart not refund the money back
By Ramu Dhanavath on 06th Oct. 2012
Nmart outlet closed without any informations
By Ramu Dhanavath on 06th Oct. 2012
Nmart retail- outlet closed
By Sangeeta Lahiri on 05th Oct. 2012
Nmart retail, no receipt no registration
By Sunil Shrivas on 05th Oct. 2012

peter, u seem to have looted more money from ur friends and relatives whum u made cuctomers and u made the society as a bazaar.ur anguish is expected as u have to now return back the stolen money. ur mobile might be s/off by now, u must have changed ur residence also. but dont worry, ur friends and relatives will only catch people like u and hand over to the police, so that u cannot loot any one in future. keep the NAALA with u because police will be telling each one whum u/UPLINES have looted to, put that NALLA, in ur back, after applying chilly powder and salt, THEN ONLY UPLINES/ PEOPLE LIKE PETER/AGENTS, will get a lesson.........
MLM-MONEY LOOTING MECHANISM....STAY AWAYFROM IT..
BHARAT NO-MAAL MART VIRODHI MORCHA...

KORAPUTIA BANDHU said...

As said earlier, no-maal mart is gone...now it is time for the police to do its duty. of course many police men have also been trapped into this scheme of looooooot. so i doubt whether police at Orissa/other places will take any action or not.
now as the court ruling is expected soon., lets hope to c gopal singh and other whu made money by looting friends and relatives and gave away the whole money to sekhawat..
N-NO, M-MAAL....NO-MAAL MART...MLM-MATT LE MAREGA,
NMART IS GONE..
POLICE SEARCHING 4 ALL UPLINES /SYMPATHIZERS OF NMART....PEOPLE WAITNG 2 GET THEIR MONEY.....
NMART TO GAYO BHAYO...AB JALDI SE PAHUNCHO APNE UPLINE KE GHAR / OFFICE/MALL........SEKHAWAT SIR BAHUT ACHE HAIN ..SABKA PAISA WAPAS DENE KA PROMISE KIYA HAI ...NAHI TO POLICE NIKALEGI...
tHEY HELPED U LOOTO UR FRIENDS AND RELATIVES.....RETURN their hard earned MONEY TO THEM....
nmart is closed .........gud bye......thank u friends for loooooooooooooting ur friends and relatives....be prepared to get kicks and brats from them for the service u have done to them.

GOPAL S SEKHAWAT NE WADA KIYA HAI KI WO HAMARA SARA PAISA LAUTA DEGA, UPLINES KE DWARA, AUR KUCH STATES MEIN WO DE BHI RAHA HAI..
BAS INTEZAR KI UPLINE KO PAIS AKAB MILEGA....SAB APNA 1500 KI CREDIT LE JAO.......MAL SAAF HO CHUKI HAI..BEWKOOFON, RENT PE MAL AUR USKE SAARE STOCK........
इस परीक्षा की घडी में हम सब एन मार्ट परिवार के लोग श्री गोपाल जी शेखावत के साथ में है और USsey paisa LEKE RAHENGE रहेंगे. PAISA MILNE TAK, सुख दुःख में साथ निभाने का वादा जो किया है.PAISA KHA KE CHODENGE THODI NA AISE
अपने प्रिय गोपाल जी के लिए एक लाइन बोलना चाहूँगा....
"छोड़ेंगे न हम तेरा साथ ओ साथी मरते दम तक" PAISA LEKE RAHENGE TUMSE HUM SAB MARTE DAM TAK....
जय एन मार्ट KE SAGE SAMBHANDION JISNE APNE BHAI BANDHUON KO LOOOOTA AUR PAISA KAMAYA...

MAHAMOORKHON KI APNI BARBADI KI AAP BEETI KAHAANI, NMART......
CIVIL CASES NEEDEED IN ALL PARTS OF INDIA TO GET BACK UR MONEY.... ..
FILE A CASE IF U WANT 2 GET BACK UR MONEY...
WARNA CHODO YAAR, APNA PAISA TO NIKAL CHUKA HAI, DOWNLINES JAYEN BHAD MEIN....HUMEY TO GS SEKHAWAT SIR MALAI DE HI CHUKE HAIN, DOWNLINES KO SOOKHI HADDI CHOOSNE DO ...CHALO SAB NMART KEE upline/AGENT KE GHaR CHALTE HAIN. CHAI PEEKE AYENGE..
u paid by cash/cheque to the pin point holder in ur area(doubts, u might be also one.. and the pin point holders transferred to the company account by neft/other means.. the amount of 20 lakhs per mall in city ko looto mall and 15 lakhs for grameen ko bhi looto
was also wire transferred or paid by cheque.. but people were receiving 1.5% pm as interest and they were happy with that...u could have kept the money ur self and opened a mall in ur name..of course they were promised a % of sales also . which never saw the light....so, do what ever u want to do now. as, u have lost the game already as u believed in an IDIOT like gs shekawat.
FOR NO-MAAL SUPPORTERS, , the ongoing war against mlm is a long one .. and every other time , people with crooked mind like this guy, gs shekawat, come up with more luring plans to STEAL our money and all our relations in society. and DUE TO U, people fall prey to them ..
gs shekawat is a fraud but, could have run the malls for some more time if he would not have distributed enormous gifts to lobhis/Lalchis like u.
u kindly,do the social service of filing a petition against all MLM companies. dont expect others to do it for u . u take the initiative , start alone ,,,, others will surely follow. show them the proper way....BE A GUIDE, TO LEAD THEM TO THE RIGHT DESTINATION...
BHARAT nmart virodhi morcha. ek koshish, aapko anpa paisa wapas dilane ka...

KORAPUTIA BANDHU said...

1The efforts of Shyam garu is paying off. most pepole whu were earlier sleeping under the intoxication of illegal plans of Gopal singh ka 4 saal ka ration , are now waking up. they have finally been forced to beleive the truth that N0-MAAL MART IS GONE WITH THEIR HARD EARNED MONEY.4 saal ka chuuna laga.
most people are now looking out for the agents whu trapped them,as they cannot fight with their relatives, they r demanding money from the agents. this is the story all over india. The suppliers whu gave goods are crying, for money which i am 100% they will not get . the person whu will be trapped will be the store manager/ staff whu are at some of the malls, still working under an suspended animation with no surety. I personally have visited at least 30 in 4 states with a reporter of a leading news channel.. The police/administration at my and most places have expressed their inability off record as most of their staff have also been trapped into this illegal money circulation scheme. the fraud video of bhopal also is being shown . the persons appearing in the video have been already arrested. and police is on the way to find out the complete list.
Nmart fraud with hope
by: Jaja Sree Voona, VIZAG
We had paid an amount of rs5500 in nmart retail at in gajuwaka.
We got 2 or 3 months ration but what we want those items are not
available in that time we asked the nmart boy..
he replied in one or 2 months the shop is in progress
for expansion. We asked it will explode. Like bomb? the boy laughed at us one
month ago its like a boooooommmmmmbbb.
Please invest in this type of at to z nmart.
Dont waste your time. Dont believe in your friends voicee
incase if u believe it first tell him to invest him first than you.
by Santosh Suresh Khandagale :
One day one agent came to me and said to join the nmart business as he said that after giving of rs.5500/- You will be the member of nmart and you can start your business,besides this you will get nmart items of rs 220/-Every month in free, along with this you will also got the suit cloth of worth rs 5500/- But eight months after joining I could not got anything. Along with me my two friends also cheated the same way.
Jigar Thakkar
There is no availability of any day to day use items n nmart retails . Prices are also quite high than the market. Even for carry bag also they charge 7 rs. Malls are not available as it was promised before I joined. They have not even sent the fabric which they promised. On continuing the chain, they promised to pay 600/- Per pair but now they are paying only 430 by applying wrong charges.
http://www.grahakseva.com/complaints/99164/open-cheating-at-nmart-retails
CHECK FOR UR SELF THE END LESS LIST OF COMPLAINTS...
so, theres just one way to recover the money... to ask for it from the uplines whu made money by looting their own friends and relatives and gave it away to sekhawat for 4 saal ka ration .so, now loyalists of n0-maal mart on this blog and elsewhere, it is planned to conduct a MARATHON RUN WITH SUPPORT FROM INNOCENT GENERAL PUBLIC WHU LOST MONEY, FOR RECOVERING MONEY FROM AGENTS / UPLINES BY JUST MAKING THEM RUN IN UR CITY AT UR OWN PLACE..their family members will also run and bring money that they had earned by stealing from the general public..next, the mall owners, if they have 20 lakhs for a mall to give away simply to sekhawat, then they SURELY HAVE MONEY TO PAY U BACK.
so now the general question is when are the agents returning back the money ????they r saying a lie by mentiong a court date.. the lost case will help in recovering 0 MONEY...
so innocent public whu have been fooled, WAKE UP......
THE GAME OF NO-MAAL MART HAS BEEN ALREADY LOST...IT IS NOW TIME TO CLOSE THE STADIUM AND GO HOME.....
here at our place , we have chosen and r making, 30 agents whu had proudly stolen money are being made to run ON 16 OCT 2012 at a municipality ground here..we have legally taken permission to recover money by SATYAGRAHA FROM THESE AGENTS. AND WE ASSURE U OF FULL MEDIA COVERAGE ON THE SHOW...

BHARAT NO-MAAL MART VIRODHI MORCHA...

DEEPAK SHRIVASTAVA said...

नंदकिशोर जी, हम लोगों को बेवकूफ बना सकतें है, न्यायलय को तो नहीं न?
अगर आप और आप लोगों की कंपनिया सही है तो फिर न्यायलय उसे बंद क्यों करा रही है?

raju said...

DEAR SHAMSUNDER

PETITION NO 24210/2010 NMART AGAINST NARASARAO POLICE HEARING DATE 15/10/12 ,

I HEARD THAT

BOTH SIDE COUNSELS ARE NOT PRESENT ,SO PETETION POSTED AFTER 2 WEEKS ,

WHAT IS THE MEANING

Preeti Rawat said...

All MLM is totally fraud.
They cheated own relatives and friends.
STOP this fraud.

prabha reddy said...

mr shyam garu inni companys ni nasanam cheyyadam valana evariki labham jarigindi ? kaneesam okka costmor kaina nyayam jarigindanukuntunnara ? meelanti athi thelivi moorkulavalana evariki upayogam? meekaina meeru upayoga padathara ? inthamandi jeevithalani nasanam chesi meeru bagupadedi emundo chebhuthara ? 10 mandiki annam pettadam nerchukovayya dani viluva ento thelusthundi. naku telisi panipatalekunda unnavanukunta mathibraminchi pichi pichi chestalu chesthunnav, nee manasu aaa sai nadhude chusukuntadu. tQ JAI@@@@@@@@@@@NMART@@@@@@@@@@@

Shyam Sundar said...

Nee telivi takkuvatanam bayata padindi. ituvanti mosa purita companila valla janam nashta potunnaru. neelanti mosagalla valla vaallu nashta potunnaaru.
ati telikagaa, twaragaa dabbu sampadinchavacchani vaallani mosam chestunte, neelanti vallu ituvanti companies ku vattasu palukutunnaaru. padi mandiki annam pettadam kaadu veellu chesedi. vaalla kashtarjitam kajestunnaaru. nee lanti vaalle samajaniki pramadam. devudi peru cheppi janalanu entakalam mosam chestaru?

Kishore Reddy said...


GOVERNMENT OF INDIA IS CLOSE TO BRING NEW RULES FOR MLM COMPANIES
Good! Now you started posting the clippings from Northern newspapers too to woo the Hindi belt networkers!
For your earlier Hindi posting and this one my comment remains hereunder:
First of all, Mr. Syam Sundar learn the technique of good journalism and be a good blog runner. Much of your postings and the comments are trash! A repetition and have no relevance for one another. Much of the comments posted by Mr. Peter and Messrs.’ Koroputia Bandhu are totally useless and have no relevance to the debate of that particular posting.
When you are talking of Nmarts’ enrollment in UP and MP, Koraputia comments the same he, I do not know whether he is she, posted and uttered in other postings by you.
Everyday this has become a thumb rule - you post something and immediately Koraputia comments with the same old story posted in earlier days postings. They are crawling into your blog just to see their name in web pages and it satisfies their ego and emotions.
Here, you are wasting your webpages Mr. Syam! There is no decency and decorum in your blog. Instead of raising a topic of information and a healthy debate majority of your postings and comments by your visitors are with prejudice and bad taste. Sometimes even abuses creep in! There you loose your temper and reacts in the same way. Where is the decency! Is it a Good Journalistic norm!
As a moderator of your blog you would have controlled both Mr. Peter and Koraputia and see that the blog continues to rise an intellectual opinion rather giving it a cheap outlook!
Next, coming to the point, you are right in your posting in Hindi. (Here you have not given any Source). Already on 9th October, 2012 Economic Times carried an article about Veerappa Moily’s Statement. This I am giving you here because majority of your blog surfers are not able to read Hindi script and I hope if it is given in English, it will be better to them to comprehend. It reads as follows – Please give it to your readers it will enlighten the participants of your debate…
Government finalising rules for multi-level marketing companies
PTI Oct 9, 2012, 08.37PM IST


(The government today said…)
New Delhi: The government today said it is close to finalising new rules for multi-level marketing firms and is working on an early warning system to prevent corporate frauds.
The Serious Fraud Investigation Office (SFIO) -- under the Corporate Affairs Ministry -- is working on an early warning system that would help in preventing corporate frauds.
Corporate Affairs Minister Veerappa Moily said the SFIO has already set up a computer lab for this.
"This is part of the ministry's vision for having enlightened regulations," Moily said, while addressing the Economic Editors' Conference here.
The analysis wing of SFIO has come out with many reports and the ministry is acting upon that information, he added.
Besides, the ministry said the new rules for multi-level marketing companies have almost been finalised.
"We had a close discussion with the Department of Financial Services in the Ministry of Finance. The Act, the Prize Chits and Money Circulation Schemes Act (Banning) 1978, under which these activities can be controlled are under their purview," Corporate Affairs Secretary Naved Masood said.
"Together, we have decided that we should have new rules to prevent these companies from getting on with their nefarious activities," he added.
The new rules have been finalised and the RBI has been consulted on the same, Masood added.
Further, he noted that the Registrars of Companies (RoCs) have been asked to be "very very alert about the activities of these (multi-level marketing) companies, particularly where they give advertisements etc..."
SFIO is already investigating alleged scam at SpeakAsia, which is registered in Singapore. The ministry had ordered the probe into it early last year.

Shyam Sundar said...

Now everybody is talking of decency. When I filed a criminal case against NMart as per the existing law prohibiting illegal money circulation schemes, everybody started hurling choicest epithets at me.
These people indulged in illegal activities and nobody should take action against them, it seems.
Regulations might be framed or not, that is another thing. Regulations would be, if at all, for direct selling companies which sell products within certain framework.
The NMart like companies cannot claim under those regulations. Because they are encouraging enrollment by paying commission which is illegal.
This is nothing but easy and quick money for the company and some of the top members. Everyone else would be the loser.
If I remember right, you were also not behind hurling abuses at me.
Anyway, multilever multilevel marketing companies cannot claim immunity in the guise of regulations. Mind that.

Kishore Reddy said...



Good! Mr. Shyam Sundar I entered your blog recently and not when you started posting your stories on Nmart 2 years ago. I started viewing your blog only after I came to know that the case against Nmart was filed by your organisation.

Earlier I commented twice or thrice, I don’t remember exactly the number, but I remember well that I never used any hurtling or abusive language. I was to my point relevant to your story. If I hurt you indirectly without any intention forgive me for such act. I always remain decent in my write-ups.

I was away from your forum in recent times seeing your blogs’ indecent and unwarranted comments by Koraputia and Peter which are really worthless and non-informative. The forum should be un-biased, balanced and informative, giving both sides of the argument.

But, majority of your commentators forget that aspect and write some nonsense without any rationale. Here, I differ. Whatever, my comment in your blog it should be informative and without any prejudice. That is why again I am here!

Coming to the point, it is not right to think that we alone are right and all others are wrong! We may have our opinion, but we should respect the others’ too.

We may differ on MLM, then why the rules and regulations are being formed by the States and why GOI is coming closure to formulate Rules or Guidelines for Direct Marketing Companies with MLM, we should think of it.

The people sitting at administrative level or not muffs and they have taken all that it required from the judiciary also while framing such Acts or Rules. So we have to respect them too.

And then, why GOI wanted this. Because it want to control and regulate the real scammers and looters. Because it wants that the aam admi should not be ditched. A number of times people discussed here and in other forums about the mathematical impossibility in MLM. It is true. That is why this legalisation with proper rules and regulations. That is why a proper Regulating Authority whether it is like SEBI, RBI, IRDA or even under the Companies Act. A separate Regulation for MLM. If it is in organised sector with strict control like in Companies Act, it will be a welcome for Direct Marketing Companies with MLM as the States think so. We are not against it, right!

Recently, Rajasthan Government issued Guidelines for DM companies following the earlier Kerala Government’s one. However, the Direct Selling Association differed with some of the clauses and accordingly they represented with Rajasthan Government with some suggestions.

Here, I am posting a news report of that Representation. This I am doing it in your blog because the information should be given to your surfers.

Opinion arises only when information is disseminated and not by giving one sided arguments.




FDSA press meet in Jaipur



Jaipur:Federation of direct selling association(FDSA) team of 15 members delegation along with President Mr. A P Reddy visited Rajasthan State Secretariat to thank the Govt. and also submitted an appeal to reconsider few required amendments in the given guidelines for sharper definitions which are essential to distinguish Direct Selling from the ponzi schemes.

The Delegation met with Chief Secretary, Home Secretary, Law Secretary and Industries Secretary on 11th Oct 2012.

FDSA Statement given on this issue.

The Federation of Direct Selling Association (FDSA), on behalf of its associated companies, express grateful thanks to the Rajasthan State Government for issuing guidelines with twin objectives; to regulate Direct Selling business in the state of Rajasthan as well as to provide protection to consumers who purchases goods / services under this business module. In particular, FDSA would like to thank the Chief Minister of Rajasthan and other dignitaries who had extended the needful support for the benefit of this industry for a better existence.

Kishore Reddy said...

contd..2
The Rajasthan state government issued guidelines vide a gazette notification - Industries (Gr.I) Department Extraordinary, Part-I vide Notification No. F5(2)/1/2012 dated 5th Oct 2012 to regulate the sale of goods and services outside of retail establishment otherwise known as “Direct Selling (Multi Level Marketing)”.

AMENDMENTS NEED:

However, with due respect, FDSA, wishes to represent, that the following points of guidelines need reconsideration due to practical difficulties.

Para #1. Definitions

VI. Sales incentive states

Sales Incentive means share of profit payable to the direct seller for effecting sale of goods / product as stipulated in the contract between the Direct Seller and Direct Selling Entity.

Should be replaced with Sales Commission

Sale Commission means compensation payable to the direct seller/Distributor for effecting sale of goods/products as stipulated therein and shall include payments made for sales promotion, royalty commission, incentives for indirect sales, and commission for direct and indirect sales.

Para #4, Prohibitions: Sub (I) states.

“Payments of Incentives by whatever name it is called unrelated to their respective sales volume.” This leaves scope for in-consistency in commission distribution. A Direct Selling Distributor creates his own team and generates business by a combined team efforts. Thus a mention of “Payment of commission by whatever name it is called unrelated to their respective sales volume however payment of any incentive, royalty, or indirect sale commission as defined under the head “commission” can be made during the course of the business.”

Para #4, Prohibitions: Sub (III) states.

“Direct Selling Entity/ Direct Seller will not indulge in money circulation scheme or any act barred by the Prize Chit and Money Circulation Scheme (Banning) Act, 1978.”

It is feared that this clause leaves room for doubts and gives a tool to law enforcing agencies to interpret this clause in their own way thus to harass genuine Direct Selling entities. Hence this clause should be re framed as below:

“Direct Selling Entity/ Direct Seller who strictly follows above guidelines shall not be deemed to be indulging in money circulation scheme and thus shall be out of the purview of the Prize Chit and Money Circulation Scheme (Banning) Act, 1978.”

Para # 5, General Conditions: Sub (III) States.

Sales incentive should be distributed to the respective seller on or before the agreed due date. Our humble submission is that it should be amended as sales incentive should be distributed to the direct seller and/or to the seller/s who are directly or indirectly responsible for the sale on or before the agreed due dates.


***

prabha reddy said...

mr shyam garu nenu cheppe point meeku ardham kavadamledu , endukante mee mindset prajalaku a matram upayoga padadu kabatti, naa lanti vaallu ee samajaniki pramadam annaru a aadharamtho aa mata ana galigaru ? meeku theluso ledo memu naithikaviluvalu unnavallamu kabatte eeroju ituvanti companys ni meeru enni ibbandulu pettina , company tho sambandham lekunda variki ammount return ivvadaniki siddapaddamu adi meeku theluso ledo papam! okka vishayam gurthupettukondi neelanti valla pichi chestalavalana police and journalist [one of the section] labham , anthakuminchi meeru gonthu chinchi ee samajam kalluteripinchavalasina avasaram ledu endukante vallu eppudo tericharu kabatti . mundu meeru kallu theravandi.

Dimpee said...

Thank you shyam ji for what corporate fraud watch is doing.

I think we should support this organisation for none other than us who always are the sufferer,looser by the gimmicks that to change our fate(?).As a dream to get a opportunity to be solvent enough so that we can also spend money like born rich people,film star etc,also we can have our own house,a car,and frauds take it as their opportunity.They start playing our dream and indulge us in to scams.Now we fall in to trap we become bound to support this sort of companies otherwise the people from whom we collected amounts will run behind us.And we suffer more as we dont have much Ideas about govt policies properly neither we are aware of law and litigation.It is kind of steroid to be exited (as many so called mlm companies tell in their meetings).Thus I think these sort of initiative will make us well informed and confident so that we can also make noise against these giant unethical but smart frauds.