How to register lucky draw
16-Mar-2023 (In Documentation Law)
How to register lucky draw? Whether it is possible to register on name of partner ship firm? In gujarat with which authority it should be register?
You can start lucky draw scheme free of cost among your customers of your business in India. Lottery is not permitted to private agencies. Lucky draw without contribution directly for the draw does not come under lottery act .It is treated as sales promotion scheme.
Even companies registered as non banking companies cannot carry the lottery.
The business model conceived by you may be legally framed as a CHIT FUND which is required to be registered with REGISTRAR OF FIRMS AND CHIT FUND WHO ALSO REGISTERS NGOs.
Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.
No Comments! Be the first one to comment.
"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."