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NMART retails - legality of business

 
2 Reviews
User
  hiteshwl on May 29, 2011
Nmart retails is promoting their mall membership by taking Rs.5500/=, please let me know that wether this is not covered under" the Prize Chits and money circulation schemes (Banning)act 1978" please clarify
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N Jul 4, 2011 by
User
shivrajsinghraj  
 
according to circular no.21/22/2001 dt.09/04/2003 and d.no.21/22/2001 dt 31/03/2003 this co. not fall under category of chits money circulation.
shiv raj singh (cfp)
khalilabad sant kabir nagar

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    NMART retails - legality of business