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Company incorporation

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Querist : Anonymous

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Querist : Anonymous (Querist)
15 November 2017 Dear Sir,

Please let me know whether multi level marketing (MLM) company is legal in India? If the word 'MLM' is mentioned in E-From MOA for Incorporation purpose of a company, then will it get approval from MCA?

Thanking you,
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CA Ysil Karunai

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CA Ysil Karunai (Expert)
15 November 2017 MLM should required prior approval from regulatory authority. Until & unless, MCA will not approve your form.

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