Corporate Whistle Blower Policy in India

The team at Ivy Law participated in a webinar on “Corporate Whistle Blower Policy in India” organized by ASSOCHAM. The key highlights of the webinar were the importance of the Companies Act, 2013 and Securities and Exchange Board of India to put in place a whistle blower policy with the aim to attain various benefits such as combating fraud, avoiding reputational damage, minimising losses, raising awareness and creating open culture. The webinar emphasized on how a strong policy framework is quintessential for attaining a good corporate governance atmosphere. Further, the need to protect the rights of the employees and directors who raise their voice against any malpractice or illegal act by reviewing and revisiting the effectiveness of whistle blower policy from time to time was also discussed exhaustively.