Corporate Law Assignment

SUBMITTED TO; SUBMITTED BY;

RAGHI K.K KRITHI KK

ASSISTANT PROFESSOR II nd BBA

DEPT OF COMMERCE ROLL NO: 35

SNM COLLEGE MALIANKARA

 Whistle blower policy

Whistleblower definition as it sounds as whistle-blower refers to the person

who “blow the whistle” or “Raise the Voice” against anything which is not Right or not
legal.It may be against person, employer, business, system, process and procedure
within the organization or outside the organization

In an organization whistle blowing policy means that the company

gives freedom and allows their employees to report or telling the management the Facts
and putting a Stop on all unethical immoral or illegal work.  Whistle Blowing policy
meaning and its objective is to create the open work environment practice within the
organization to encourage employee to raise the voice on wrongdoings and enhance
the belongingness.

The Corporate Whistleblower Policy and procedure in business allows or

extends these rights to their worker or employees to rises their voice or complains for
any misconduct, bad or harmful  behavior, illegal and unethical activity, Loss of
Intellectual properties such as Brand and Patent or sharing business information which
are highly private and confidential.  The Whistle blowing policy and procedure are laid
down in a manner which provides the provision to anyone who is the part of an
organization or system to blow the whistle against anything but to do so one has also
follow the right whistle blowing process and procedure given in the Corporate Policy.

Whistle blower policy concept examples

 Fraud: Fraud refers to any wrongful or criminal deception undertaken to gain

financial or personal benefits. Fraud can be committed in almost any field,
including business, education, and government. The most common examples
are price fixing, over-billing or billing for services not performed, concealing
safety concerns or violations, and false certifications by educational
institutions or certifying agencies. There are particularly severe repercussions
for those who commit fraud against the government.

 Corruption: This type of case includes reporting a broad range of illegal

conduct. Bribery is one of the best-known examples, but corruption also
covers fraud, embezzlement, and kickbacks.
 Racial discrimination: If two employees in similar situations are treated
differently as a result of one person’s race, color, descent, national or ethnic
origin, or immigrant status, this is legally considered racial discrimination.
Nonetheless, many of these factors are often used to unfairly determine who
receives a job, promotion, or other benefits in the workplace.