LawRato

Legal Procedure to start business of selling lucky draw product


20-Oct-2023 (In Startup Law)
lucky draw product selling ka business suroo krna chahta hoo registration process kya hai or kaise suroo kare legal raasta kya hoga sir plz help...??
Answers (3)

Answer #1
720 votes
Sir
Iottery business is prohibited in most parts of the country, central government doest have the power under this only respective states can provide you license for running a lottery business.
Few states such as Punjab, Goa, Maharashtra, sikkim provide licensing for running lottery business in India
Regards
Answer #2
696 votes
You need to explain the exact plan of the lucky draw business? what will be the participation fee/ purchase fee? Is this merely a discount scheme? Is there any gambling involved? You will need to be very careful with this sort of business as online gaming is strictly regulated under law. Do get in touch for more.
Answer #3
687 votes
Can you clarify as to what do you mean by Lucky Draw Product and elaborate it further, if you mean to run some online business through some website ?

Basically, Indian Law does not support any business whose main subject depend upon game of Chance rather than skill. Therefore you need to show/prove that some skill is involved in any online game, else it would not be allowed as per Indian Laws.

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.

Report abuse?

Comments by Users

Rahul tarkase
Namskar! Mai Maharashtra se hu. Muje lucky draw business shuru krna Hai.. To legal process kya hogi??

"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."