herein, purchase of imported
gifts/goods etc., for sale under Prize Chit Money
Circulation Scheme, constitute any offence punishable
under Sections ... activities of these
companies do not constitute either Money Circulation
Scheme or Prize Chit, the offences under Sections
read with Section 3 , 2 (c) of
the Prize Chits and Money Circulation Schemes (Banning) Act, 1978 and
Crime No.183 of 2021 of Ramachandrapuram ... read with Section 3 , 2 (c) of the Prize Chits and Money Circulation
Schemes (Banning) Act, 1978, and having satisfied that the detenu
read with Section 3 , 2
(c) of the Prize Chits and Money Circulation Schemes (Banning) Act, 1978
and Crime No.183 of 2021 of Ramachandrapuram ... read with Section 3 , 2 (c) of the Prize Chits and Money Circulation
Schemes (Banning) Act, 1978, and having satisfied that the detenu has
been
read with Section 3 , 2 (c) of the Prize Chits and Money Circulation
Schemes (Banning) Act, 1978 and Crime No.183 of 2021 of
Ramachandrapuram ... Prize Chits and Money Circulation Schemes (Banning) Act, 1978, and
having satisfied that the detenu has been indulging in acts of cheating the
gullible public
accused
in the present cases clearly attract the provisions of Prize Chits and
Money Scheme (Banning) Act, 1978 and that the petitioner was
6
instrumental ... circulation schemes or enrolment as members or
participation therein in the said schemes are prohibited. Further, no
person shall promote or conduct any prize chit
accused
in the present cases clearly attract the provisions of Prize Chits and
Money Scheme (Banning) Act, 1978 and that the petitioner was
6
instrumental ... circulation schemes or enrolment as members or
participation therein in the said schemes are prohibited. Further, no
person shall promote or conduct any prize chit
accused
in the present cases clearly attract the provisions of Prize Chits and
Money Scheme (Banning) Act, 1978 and that the petitioner was
6
instrumental ... circulation schemes or enrolment as members or
participation therein in the said schemes are prohibited. Further, no
person shall promote or conduct any prize chit
Prize Chits
1. 27.08.2018 30.08.2018
Kukatpally PS Circulation & Money
Scheme Circulation
(Banning) Scheme
Act and (Banning)
Section Act and
25(1B) of Section
Arms ... Bailable
of Prize Sections 4 ,
Chits & 5, 6 r/w 3
Money of Prize
Circulation Chits &
Scheme Money
(Banning) Circulation
Act . Scheme
(Banning
present case and even
under clause-8, Pyramid scheme or money circulation scheme
8
cannot be permitted under the garb of doing direct selling
business ... Company falls within the meaning of a 'pyramid
scheme' under the Prize Chits and Money circulation Schemes
(Banning
against the petitioners as illegal, arbitrary and
contrary to Prize Chits and Money Circulation Schemes (Banning)
Act, 1978 and consequently set aside the same ... Viva
Health Sciences Private Limited, is in violation of Prize Chits and
Money Circulation Schemes (Banning) Act, 1978 as illegal, arbitrary
and contrary
