The Fraud Prevention Policy has been designed to ensure that officials dealing and undertaking transactions for EESL conduct themselves in a transparent and consistent manner. These requirements interalia include “Whistle Blower Policy”. The policy puts in place a mechanism for employees to report to the Management about unethical behavior, actual or suspected fraud or violation of conduct or ethics in course of work.
The Statutory auditors of the company are required to comment on the Fraud Prevention Policy of the company in their report to the Comptroller and Auditor General of India (C&AG) and in the annual accounts of the company given in compliance of the provisions of Section 619(3) of the Companies Act, 1956.
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