SC affirms the stay in QNET Case

Dismisses application filed by the State of Maharashtra seeking vacation of stay

Direct selling company QNet and its sub-franchisee Vihaan Direct Selling (India) Pvt. Ltd were granted further relief today when the Supreme Court granted no interference to the stay issued earlier in March.

 

Bench of Justice Nariman and Justice Kaul heard the matter briefly and observed that the stay granted on the earlier occasion needs no interference. The court thereafter dismissed the application filed by the State of Maharashtra seeking vacation of stay.

 

The Hon’ble Supreme Court sought information from the State on the status of the appointment of the Monitoring Authority. In response, the state of Maharashtra indicated that they have not taken any steps in this regard.

 

Earlier on March 27, 2017, the Supreme Court had ordered a stay on all FIRs and proceedings against QNet’s business in India. The order is seen as a positive development for the direct selling industry as it comes at a juncture when the government is trying to instill confidence in the industry with the introduction of the model Direct Selling Guidelines.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s