The Board, management and all employees of the Company are committed to implementing the Company’s core principles and values stated in this Code of Conduct when dealing with customers, clients, government authorities, creditors and the community as whole as well as other employees.
The Company is committed to delivering value to its shareholders and to representing the Company’s growth and progress truthfully and accurately. The Company also complies with the spirit as well as the letter of all laws and regulations that govern shareholders rights.
The Company is committed to safeguarding the integrity of financial reporting. The Company will prepare and maintain its accounts fairly and accurately in accordance with the accounting and financial reporting standards that represent the generally accepted guidelines, principles, standards, laws and regulations of the country in which the company conducts its business.
Each employee has an obligation to use their best efforts to deal in a fair and responsible manner with each of the Company’s clients, customers and consumers. Each employee will assist the Company in the delivery of superior service and product quality to each client, customer and consumer and will follow the Company’s procedures.
The Company for its part is committed to providing clients, customers and consumers with fair value.
The Company will:
The Company is committed to conducting its business in accordance with the spirit and letter of all applicable environmental laws and regulations.
All employees are encouraged to engage in activities beneficial to their local community. While normally these activities should occur outside work hours, employees may occasionally engage in community activities during work hours with the approval of the Board Member / Manager of H.R., as long as the activities do not interfere with the employee’s responsibilities.
The Company does encourage all employees to make donations to community organizations from their personal funds. However, it should be made clear that all such donations are from the employee personally and not from the Company.
The Company receives private information from its employees. Unless required by law, such personal information will not be shared with a third party without the consent of the employees. Within the Company, personal information on employees will only be provided on a “need to know” basis and will only be used for the purpose for which it was intended.
Similarly, employees will often be furnished with personal information from clients, customers, consumers and investors. Unless required by law, such personal information will not be shared with and third party without the consent of the person providing the information.
All employees must maintain the confidentially of business information and protect it from any disclosure. This obligation of confidentiality applied while an employee as well as after ceasing to be an employee of the Company.
Information that must be kept confidential includes internal, confidential or proprietary information related to the Company’s business, technological and other knowledge, processes, computer passwords, computer software, product formulations, business strategies and plans, and information concerning the Company’s operations, customers, vendors, suppliers and employees.
Employees and Directors must avoid conflicts between personal interests and the interests of the Company, or even the semblance of such interests. Where an Employee or Director is concerned that there may be a conflict of interest it should be discussed with the Company Secretary as soon as possible.
The Board, management and all employees of the Company are committed to implementing this Code of Conduct. Therefore, it is up to each individual to comply with the Code and they will be accountable for such compliance. Where an employee is concerned that there has been a violation of this Code, it can be reported in good faith to the Company Secretary. While a record of such reports will be kept by the Company for the purposes of the investigation, the report may be made anonymously. No one making such a report will be subject to any form of retribution.
The disciplinary measures that may be imposed for violations of this Code include, but are not limited to, counseling, verbal or written reprimands, warnings, suspension without pay, demotion, reduction in salary, termination of employment or restitution.
The Board of Directors of Country Condo’s Limited (“The Company”) whose securities are listed on Bombay Stock Exchange & National Stock Exchange of India, has formulated this code of Practices and Procedures (the “code”) for fair and continuous disclosure of Unpublished Price Sensitive Information (UPSI) in the market that it would follow in order to adhere to each of the principles as stated in schedule A of the Securities and Exchange Board of India (prohibition of Insider Trading) Regulations, 2015 (“the regulations”) to prevent Insider Trading and to preserve confidentiality of Un-published price sensitive information.
In these regulations, unless the context otherwise requires, the following words, expressions and derivations there from shall have the meanings assigned to them as under:–