Skip to main content

Is QNet legal?


One of the key challenges faced by QNet has been the grey area that all direct selling companies in India fall under. Till recently, there was no recognized nodal authority for this industry, there is no legislation to govern or regulate this business. Hence, it is not just QNet, but several other well-known direct selling companies which have come under the legal scanner in different states in India, typically under the PCMC Act.

The direct selling industry or multi-level marketing (MLM) industry has been subject to a lot of conjecture owing to the grey areas surrounding it in the past. The regulatory vacuum led to malpractices by various fly-by-night operators as well as individuals, which has been the root cause of the negative perception of the direct selling industry.

 It’s not Google, Local Medias, Facebook or YouTube decide a company is scam in India. Government had made money chain illegal by Prize Chits and Money Circulation Schemes (Banning) Act, 1978. Also Government produce guidelines and create association (idsa) to protect Direct selling industry during 2016,  Supreme court has asserted QNet doing legitimate business in direct selling.

There are many independent representative of QNet made a fortune from QNet by doing it ethically. Only fly-by night operators has to worry on the legal action for doing wrong selling.  

Indian supreme court in favor of QNet

As per the order of the Hon’ble Supreme Court, the FIRs are being stayed on the grounds mentioned in the Writ Petition. The petition explains that the business model followed by Vihaan(Qnet) Direct Selling (India) Pvt. Ltd is not a money circulation scheme as alleged and does not fall under the purview of the Prize Chits and Money Circulation (Banning) Act 1978. The petition further states that the business of Vihaan is compliant with all legal requirements of conducting business in India.

Please click here for detailed report.

SC issues contempt notice to Cyberabad police for coercive action against QNet representative
click here to read TimesofIndia full article

Facebook QNet, RYTHM Foundation


 Proof from High court website below .

Below is the screen shot from Minister of Corporate(MCA) affair website. with company status as Active. 

 Youtube Link on how to check in MCA website. CLICK HERE

Member in UAE direct selling company 
UAE Direct selling 

Also in Singapore Direct selling Singapore Direct Selling Companies
Click here on some of QNet MLM success stories 
QNET: The Untold Story on Times Now | QNet in India








Comments

Post a Comment

Popular posts from this blog

Why network Marketing?

Lets see what many famous Celebrities think on  Network Marketing.  There are many celebrities who endorsed  the network marketing, also there exist many idiots who thinks, everyone is wrong including Bill Gates. Its your conscience decide where you belong.  "if i would be given a chance to start over i would choose network marketing" ~Bill Gates  "Network Marketing has produce more millionaires than any other industry in the history of the world" ~Les Brown  "If i were starting over today. I would make millions in the Network Marketing" ~Donald Trump  "Network Marketing is the fastest growing business of 21st century which must be joined by every young man and women globally otherwise you can never get the best of your youth age"  ~Dr. APJ Abdul Kalam   "You strengthen our country and economy, not just for striving for your own success, but by offering opportunity to others. Your industry give people a
Post a Comment
Read more

Passive income vs Active Income

Security is mostly a  superstition . It does not exist in nature, nor do the children of men as a whole experience it. Avoiding danger is no safer in the long run than outright exposure.  Life is either a daring adventure, or nothing.  - Helen Keller Passive income          “ Making money while you sleep ”  Passive income is money earned with minimal activity through a variety of ventures which require little daily effort or upkeep on the individual’s part. Let’s be honest, if you want passive income for life, you have to get to the point where your assets are earning for you. One best way to create passive income is MLM "Network marketing gives people the opportunity with very low financial commitment, to build their on income generating asset,  and acquire great wealth. it has the potential to save the United States and the world. because it teaches people not to be employees, but to be entrepreneurs"  ~Robert Kiyosaki Active Income Active inc
Post a Comment
Read more