Legal Aspects of Multilevel Marketing in India

Legal Aspects of Multilevel Marketing in India
Author: Rajesh Babu
Publisher:
Total Pages:
Release: 2016
Genre:
ISBN:

The direct selling industry is one of the fastest growing industries in India. Despite the prevalence of this business model since 1990s, India has neither provided for an exclusive regulatory framework nor attempted to define and differentiate the multilevel marketing schemes from comparable but illegal pyramid/Ponzi schemes. The ambiguity in the Indian regulatory environment has been a subject of intense discussion in the recent times specifically in relation to the operation of Amway India Enterprises. The incident with Amway exposed simultaneously, the vulnerability of doing business in an uncertain legal environment that lacks regulatory clarity and the potential for misuse by enforcement authorities and also the vulnerability of consumers who are party to such business transactions, with the law not providing definite recourse. In the backdrop of this incident, this paper attempts to understand the facets of multilevel marketing, a concept recognized and accepted, but regulated worldwide. The paper shall examine the legality of multilevel marketing in the context of the Indian PCMCS Act 1978 with a view to understand and differentiate genuine multilevel marketing companies from pyramid schemes run by fly-by-night operators, an activity considered illegal universally. The paper shall also examine the legality of the multilevel marketing schemes in India in the backdrop of the Amway fiasco, the judicial interpretations and the existing legal framework from a comparative perspective.

Legality of Network Marketing in India

Legality of Network Marketing in India
Author: Dr Gopalam Sultania
Publisher: BFC Publications
Total Pages: 117
Release: 2023-12-08
Genre: Fiction
ISBN: 9359926906

Discover the legal intricacies of India's dynamic network marketing industry with this expert guide. From historical context to regulatory compliance, this book provides essential insights for entrepreneurs, distributors, and legal professionals. Real-world case studies and ethical considerations make it a must-read for those seeking success and compliance in the MLM landscape. Get ready to navigate the network marketing terrain in India with confidence and clarity.

Legal Aspects of Marketing in India

Legal Aspects of Marketing in India
Author: V. V. Sople
Publisher: New Age International
Total Pages: 13
Release: 2004-12
Genre: Marketing
ISBN: 8122415261

The book covers Indian laws, which influence the marketing decision-making process in the business organizations. The provisions of the laws are explained and supported by the court judgments in the form of cases at the end of each chapter, keeping in view the requirements of DBM, PGDBA, MMS and MBA students specializing in marketing management. This book is designed to prepare the students of marketing to understand the legal implications of their day-to-day or strategic decisions in product or service marketing. He need not be a legal expert, but he should have enough knowledge about the laws of the land to avoid two things, one falling into the legal trap and two to face the consequences like imprisonment, penalty or defamation for himself and for the organization he is representing.The book starts with chapters on basics of law, various Indian Acts influencing marketing and consumer rights. The major Acts like Consumer Protection Act, Competition Acts, Sales of Goods Act, Hire Purchase Act, Contract Act and Negotiable Instruments Act are covered in details. A chapter on Intellectual Property Rights (i.e. patents, copyrights, trademarks, designs and geographical indications) covers various Indian Acts for protecting these rights in light of TRIPS provisions enforced through WTO (World Trade Organization) in the member countries. Separate chapters are devoted to each of the 4Ps of marketing (i.e. product, price, promotion and place) to cover the provisions of various Acts to curb the prevailing unfair and restrictive trade practices in marketing of goods and services. The book covers the e-Marketing legislation to curb the fraudulent practices in cyberspace. The book ends with a discussion on 'marketing abuses with some ethical question marks' in the last chapter.In nutshell the text presents a comprehensive treatment of legal provisions in various Indian Acts and its implications in marketing decision-making process. The book provides guidelines for marketers, to formulate and implement marketing strategies within the legal boundaries of the law of the land.

Be a Network Marketing Superstar

Be a Network Marketing Superstar
Author: Mary Christensen
Publisher: AMACOM
Total Pages: 164
Release: 2007-05-23
Genre: Business & Economics
ISBN: 081440054X

Be a Network Marketing Superstar provides a proven 26-step program designed to help business leaders quickly become stars in this fast-growing and profitable industry. As far as career opportunities go, network marketing is hard to beat. It costs almost nothing to start, allows for flexible hours, and paves the way for financial independence. Network marketing -- also known as direct selling and multi-level marketing -- has turned millions of people into successful business owners. To truly reach their earning potential, network marketers need the right tools. This powerful training manual shows you how to: master the six core skills of successful network marketing sharpen their salesmanship become more persuasive build relationships overcome roadblocks radiate positive energy find and attract quality people be powerful coaches and mentors With equal parts advice and inspiration, as well as helpful worksheets and exercises, Be a Network Marketing Superstar gives network marketers the know-how and confidence they need to join the ranks of the top moneymakers.

Ponzinomics

Ponzinomics
Author: Robert FitzPatrick
Publisher:
Total Pages:
Release: 2019-03
Genre:
ISBN: 9780578443515

The first comprehensive history and analysis of the multi-level marketing phenomenon, its origins and its historical roots. The author is the foremost expert in multi-level marketing and pyramid schemes and has served as expert witness or consultant in more than 30 cases against pyramid schemes. The analysis reveals the myths, disinformation and political influence-buying by companies employing the "endless chain" proposition.

The Ground of Professional Ethics

The Ground of Professional Ethics
Author: Daryl Koehn
Publisher: Routledge
Total Pages: 237
Release: 2006-05-23
Genre: Philosophy
ISBN: 1134818483

As each week beings more stories of doctors, lawyers and other professionals abusing their powers, while clients demand extra services as at a time of shrinking resources; it is imperative that all practising professionals have an understanding of professional ethics. In The Ground of Profesional Ethics, Daryl Koehn discusses the practical issues in depth, such as the level of service clients can justifiably expect from professionals, when service to a client may be legitimately terminated and circumstances in which client confidences can be broken. She argues that, while clients may legitimately expect professionals to promote their interests, professionals are not morally bound to do whatever a client wants. The Ground of Professional Ethics is important reading for all practising professionals, as well as those who study or have an interest in the subject of professional ethics.

Social Media and Employment Law: An International Survey

Social Media and Employment Law: An International Survey
Author: Anders Etgen Reitz
Publisher: Kluwer Law International B.V.
Total Pages: 578
Release: 2015-09-23
Genre: Law
ISBN: 9041168257

In the last few years, social media has become the primary way of communicating, not only among friends and colleagues but also between employers and employees and between companies and consumers. For employers, the phenomenon offers great opportunities, but also concomitant dangers due primarily to use of social media by employees and employees' representatives. Written in the context of employment laws as well as privacy laws, this book surveys the state of the law in over thirty key jurisdictions, including most of the developed countries of Europe, Asia, and North America and major developing countries worldwide. The publication arose from a seminar prepared by the editors and others at which it was clearly identified that internationally operating employers need a comprehensive and user-friendly multinational summary on employment and labour law questions arising in connection with the use of social media. The book is divided into country chapters, each written by a known local specialist. In order to easily 'navigate' through the issues for each country, the chapters follow a uniform structure, covering the applicable statutory regimes, case law, useful checklists, and recommendations. Among the issues and topics dealt with are the following: - employees' entitlement to use social media at the workplace; - whether employers can require the use of social media by employees; - right of employers to monitor employees' use of social media outside the workplace; - employers' potential liability for employees' misuse of social media; - right of employee representatives to use employers' equipment for social media purposes; - employers' remedies against misuse of social media by employees and employee representatives; - development and drafting of a social media policy; and - role of social media in employer–employee disputes. No other publication exists providing interested parties with a practical and strategic guide to legal issues affecting the use of social media in the workplace. With its easy-to-use country-by-country format and its expert recommendations, this unique resource will prove itself as an incomparable handbook for lawyers, human resources professionals, and in-house counsel advising or working for internationally operating businesses. It will also be of inestimable value for academics and policymakers concerned with the legal ramifications of social media use in the workplace.

Electronic Scientific, Technical, and Medical Journal Publishing and Its Implications

Electronic Scientific, Technical, and Medical Journal Publishing and Its Implications
Author: National Research Council
Publisher: National Academies Press
Total Pages: 136
Release: 2005-05-24
Genre: Political Science
ISBN: 0309166101

This report is the proceedings of a 2003 symposium on "Electronic Scientific, Technical, and Medical Journal Publishing and Its Implications," which brought together experts in STM publishing, both producers and users of these publications, to: (1) identify the recent technical changes in publishing, and other factors, that influence the decisions of journal publishers to produce journals electronically; (2) identify the needs of the scientific, engineering, and medical community as users of journals, whether electronic or printed; (3) discuss the responses of not-for-profit and commercial STM publishers and of other stakeholders in the STM community to the opportunities and challenges posed by the shift to electronic publishing; and (4) examine the spectrum of proposals that has been put forth to respond to the needs of users as the publishing industry shifts to electronic information production and dissemination.

The Business of the 21st Century

The Business of the 21st Century
Author: Robert T. Kiyosaki
Publisher:
Total Pages: 144
Release: 2019-10-22
Genre:
ISBN: 9781612680637

In The Business of the 21st Century, Robert Kiyosaki explains the revolutionary business of network marketing in the context of what makes any business a success in any economic situation. This book lends credibility to multilevel marketing business, and justifies why it is an ideal avenue through which to learn basic business and sales skills... and earn money.