Vigil Mechanism definition

Vigil Mechanism. – means a mechanism established by the Company for directors and employees to report genuine concerns to the company.
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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.
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Vigil Mechanism means the whistle blower policy and the vigil mechanism of the Company as may be adopted by the Board.
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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 formulated and published a Whistle Blower Policy to provide Vigil Mechanism for employees including directors of the Company to report genuine concerns.

  • The Company has implemented Vigil Mechanism and Whistle Blower Policy and it is hereby affirmed that no personnel have been denied access to the Audit Committee.

  • The Company has a Vigil Mechanism and Whistle Blower Policy under which the employees are free to report violations of applicable laws and regulations and the Code of Conduct.

  • 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.

  • Under these circumstances, the Company, being a Listed Company proposes to establish a Whistle Blower Policy/ Vigil Mechanism and to formulate a policy for the same.


More Definitions of Vigil Mechanism

Vigil Mechanism means a mechanism to enable their directors and employees to report genuine concern.
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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:
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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:
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Vigil Mechanism means the Board approved Whistle Blower Policy / Vigil Mechanism of the Company.
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Vigil Mechanism. – means the mechanism provided for directors and employees to report genuine concerns in the manner prescribed in this Policy.
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Related to Vigil Mechanism

  • Alternative Payment Mechanism means, with respect to any securities or combination of securities (together in this definition, “such securities”), provisions in the related transaction documents requiring the Corporation to issue (or use commercially reasonable efforts to issue) one or more types of APM Qualifying Securities raising eligible proceeds at least equal to the deferred Distributions on such securities and apply the proceeds to pay unpaid Distributions on such securities, commencing on the earlier of (x) the first Distribution Date after commencement of a deferral period on which the Corporation pays current Distributions on such securities and (y) the fifth anniversary of the commencement of such deferral period, and that

  • Alternative dispute resolution means mediation, arbitration, conciliation, or other nonjudicial procedure that involves a neutral party in the decisionmaking process. The form of alternative dispute resolution chosen pursuant to this article may be binding or nonbinding, with the voluntary consent of the parties.

  • Dispute Resolution Procedure means the procedure for resolution of Disputes set forth in Article 26;

  • Dispute Resolution means the procedure set forth in this LGIP for resolution of a dispute between the Parties.

  • Automated external defibrillator means a defibrillator device to which all of the following apply:

  • Alternative The provisions of Paragraph 4 will apply.

  • Aversive procedure means a systematic physical or sensory intervention program for modifying the behavior of a student with a disability which causes or reasonably may be expected to cause one or more of the following:

  • Dispute Resolution Procedures means the procedures outlined in Annexure A of the MSA Determination.

  • Step therapy protocol means a protocol or program that establishes the specific

  • Dispute Resolution Process means the process described in clause 9

  • Surgical procedure means a procedure that is performed

  • the Scottish Infected Blood Support Scheme means the scheme of that name administered by the Common Services Agency (constituted under section 10 of the National Health Service (Scotland) Act 1978(b));

  • Procedure means one or more surgical procedures or medical therapy performed in a Center of Excellence.

  • Compound of Concern means a contaminant that, based on generally available information, may be emitted to the atmosphere in a quantity from any source at the Facility that is significant either in comparison to the relevant Ministry Point of Impingement Limit or if a Ministry Point of Impingement Limit is not available for the compound then, based on generally available toxicological information, the compound has the potential to cause an adverse effect as defined by the EPA at a Point of Impingement.

  • Involuntary Resettlement Safeguards means the principles and requirements set forth in Chapter V, Appendix 2, and Appendix 4 (as applicable) of the SPS;

  • Reference biological product means the single biological product licensed pursuant to 42 U.S.C.

  • External floating roof means a storage vessel cover in an open tank top consisting of a double deck or pontoon single deck which rests upon and is supported by the petroleum liquid being contained and is equipped with a closure seal or seals to close the space between the roof edge and tank shell.

  • Exempt compound means the same as defined in Rule 2.

  • Staff Vetting Procedure means the Authority’s procedures for the vetting of personnel and as advised to the Contractor by the Authority.

  • Therapeutic diet means meals served that are soft, low-fat, low-sodium or controlled calorie.

  • Monitoring Indicator means a measure of HSP performance that may be monitored against provincial results or provincial targets, but for which no Performance Target is set;

  • Alternative nicotine product means any vaping product, whether or not it includes nicotine, including electronic smoking devices, that can be ingested into the body by chewing, smoking, absorbing, dissolving, inhaling, or by any other means. ‘Alternative nicotine product’ does not include:

  • Payment Security Mechanism shall have the meaning ascribed thereto in Article 10.4 of this Agreement;