MLM Companies.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....LM Companies. <br>News and Press Release<br>Dated:- 10-5-2012<br><BR>Press Information Bureau Government of India Ministry of Corporate Affairs 10-May-2012 17:04 IST MLM Companies There is no sep....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....arate activity code to identify Multi Level Marketing (MLM) companies. Therefore, these companies cannot be separately identified from the list of companies registered under the Companies Act, 1956. A....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....lso, there are no separate guidelines for MLM companies. Hence information on action and tax collection is not available. This information was given by the Minister of State in the Ministry of Corpor....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ate Affairs Shri R.P.N. Singh in the Lok Sabha today in reply to a written question whether the Government is aware that the Multi Level Marketing (MLM) companies are prevalent in India; the details t....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....hereof alongwith the total number of MLM companies in the country; whether the Government has proposed any guidelines for these MLM companies, details of any action against any MLM company and any kin....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....d of tax collected from such companies in last three years. ***** ST/-<BR> News - Press release - PIB....