Vigil Mechanism definition

Vigil Mechanism. – means a mechanism established by the Company for directors and employees to report genuine concerns to the company.

Vigil Mechanism means mechanism established pursuant to the Companies Act, 2013 and Clause 49 of the Equity Listing Agreement, as amended by SEBI from time to time, for the Directors and Employees of the Company to report concerns about unethical behavior, actual or suspected fraud or violation of the Company’s code of conduct or ethics policy.

Vigil Mechanism means the whistle blower policy and the vigil mechanism of the Company as may be adopted by the Board.

Examples of Vigil Mechanism in a sentence

• In pursuant to the provisions of section 177(9) & (10) of the Companies Act, 2013, a Vigil Mechanism for directors and employees to report genuine concerns has been established.

• The Vigil Mechanism provides for (a) adequate safeguards against victimization of persons who use the Vigil Mechanism; and (b) direct access to the Chairperson of the Audit Committee of the Board of Directors of the Company in appropriate or exceptional cases.

• The Company has established a Vigil Mechanism that enables the Directors and Employees to report genuine concerns.

• The Vigil Mechanism Policy has been uploaded on the website of the Company.

• The Company has constituted an Audit Committee as required under Section 177 of the Companies Act, 2013 and has also established Vigil Mechanism for their employees and Directors to report their genuine concerns or grievances.

• The Company has adopted the Whistle blower Policy and Vigil Mechanism in view to provide a mechanism for the Directors and employees of the Company to approach Audit Committee of the Company to report existing/probable violations of laws, rules, regulations or unethical conduct.

• The Company has formulated and published a Whistle Blower Policy to provide Vigil Mechanism for employees including directors of the Company to report genuine concerns.

• Your Company has established a “Whistle Blower Policy” and Vigil Mechanism for directors and employees to report to the appropriate authorities concerns about the unethical behavior actual or suspected, fraud or violation of the Company’s code of conduct policy and provides safeguards against victimization of employees who avail the mechanism and also provide for direct access to the Chairman of the Audit Committee.

• Vigil Mechanism Policy has been established by the Company for directors and employees to report genuine concerns pursuant to the provisions of section 177(9) & (10) of the Companies Act, 2013.

• The Company has a Vigil Mechanism / Whistle Blower policy to report genuine concerns, grievances, frauds and mismanagements, if any.

More Definitions of Vigil Mechanism

Vigil Mechanism means the Board approved Whistle Blower Policy / Vigil Mechanism of the Company.

Vigil Mechanism means a mechanism providing for adequate safeguards against victimization of directors or employees or any other person who report genuine concerns as regards the Company.

Vigil Mechanism means a mechanism to enable their directors and employees to report genuine concern.

Vigil Mechanism means any Employee who makes a Protected Disclosure under this policy. THE GUIDING PRINCIPLES To ensure that this Policy is adhered to and to assure that the concern will be acted upon seriously, the Company will:

Vigil Mechanism means the Board approved Whistle Blower Policy / Vigil Mechanism of the Company 3. GUIDELINES OF PROFESSIONAL CONDUCT The Independent Director(s) of the Company shall:

Vigil Mechanism. – means the mechanism provided for directors and employees to report genuine concerns in the manner prescribed in this Policy.