Internal accounting and audit procedures shall truly and fairly reflect all the Company's business transactions and disposition of assets. All required informations shall be accessible to Company's Auditors and other parties as authorised by the Board and government agencies. There shall be no willful omissions of any Company transactions from the books and records, no premature income recognition, deferment of any chargeable expenses and no undisclosed bank accounts and funds.
The Directors must ensure that :
Willful material misrepresentation of and / or misinformation on the financial accounts shall be regarded as a violation of this code, apart from inviting appropriate civil or criminal action under the relevant laws.
Integrity of Data furnished
The integrity of data or informations furnished to the Board is required to be ensured by any one (including a Director or Senior management personnel) who submits such data or information.
Encouraging the reporting of any illegal or unethical behavior
i. Directors should promote ethical behavior and take steps to ensure that the Company :
a. Encourages employees to talk to supervisors, managers and other appropriate personnel when in      doubt about the best course of action in a particular situation.
b. Encourages employees to report violation of laws, rules, regulations, or the Company's Code of      Conduct to appropriate personnel.
c. Informs employees that the Company will not allow retaliation for reports made in good faith.
ii. Directors should exercise independent judgement on issues of strategy, performance,     policy matters etc.
Compliance Standards
i. Directors should communicate any suspected violations of this Code promptly to the Board and such     violations are subject to investigation by the Board or any Committee / or any person(s) so designated.     Violations will be investigated by the Board of any such designated persons / committee and     appropriate action will be taken in the event of any violation.
ii. Directors should inform the Company immediately about the emergence of any situation which may      disqualify him from Directorship.
iii. It shall be the endeavor of every Director to attend and actively participate in meetings of the Board      and Committee thereof in which they are members.
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