25/03/2017
Direct Selling Forum Releases Final Negative Product List . Products & Services Mentioned Below are Banned to Promote through Direct Selling / MLM from 1st April 2017 . Below Mentioned Products & Services will Not Come Under Direct Selling Category .
Companies Promoting any such Banned Products or Services Through a Medium of Direct Selling or MLM will be Liable for Strict Legal Actions . AI
Negative list of Products :
(Not to be Promoted by Companies Deploying Direct, Single Level and Multilevel Marketing Compensation Plans) :
1) Financial products like Cash Deposits / Investments –
in/for/in the form of – Stocks, Shares /I.P.O ,Debentures, Preferential Shares, Forex Trading, Plantations, Farming, Infrastructure Projects, Resorts, Car Lease , Trading in Commodities, Live Stocks like Birds, Poultry, Emu, Etc, Animals (Rabbit, Goats, Cows, Buffaloes, etc), Plantations, HYIP , etc.
2) Life Insurance policies other than offered by qualified Individuals as per the IRDA norms.
3) Car or other Vehicle Lease / Vehicle Advertisement Schemes .
4) All Types of Virtual Currency Promotions / Crypto Currency Promotions ( BitCoin / One Coin / Yocoin / Hitcoin / Etherium / Litecoin / DogeCoin etc)
5) Discount Coupons/Vouchers/Cards etc.
6) Real Estate ( Plot or Property Sale or Lease )
7) Bid coupons / Bid Vouchers / Bid Ewallet.
8) Quiz Portals
9) Holiday Coupons / Vouchers Or Advance Purchase of Vacation Packages.
10) Betting / Gambling Activities
11) Advertising Packages with Weekly Returns .
12) “Sell or offering to sell Bit Coins/Crypto Currency, Forex products, Shares & Debentures and Commodity Exchange services.”
13) Websites / Web space, Online Education, Online Training , Bidding Portals etc.
14) Get paid- to click, to give surveys, to watch advertisements, to receive SMS & emails and to invest in Advertising Medium.
15) Time Sharing services like Holiday Packages/Travel Coupons/Vouchers
16) Gifting/Helping/Donations or similar kind of funding schemes where there is no
