RIGHTS AND RESPONSIBILITIES OF PARTIES TO THE InvIT, VALUER AND AUDITORSecurities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014
RIGHTS AND RESPONSIBILITIES OF PARTIES TO THE InvIT, VALUER AND AUDITORSecurities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014
Vigil mechanism: require whistleblower policy, safeguards and audit committee access for reporting and review. The investment manager must establish a vigil mechanism, including a whistle blower policy for directors and employees to report genuine concerns, with ... Summary
Vigil mechanism: require whistleblower policy, safeguards and audit committee access for reporting and review.
The investment manager must establish a vigil mechanism, including a whistle blower policy for directors and employees to report genuine concerns, with safeguards against victimisation and provision for direct access to the audit committee chair in appropriate cases; an independent service provider may be engaged to operate the mechanism and shall report to the audit committee, which shall review its functioning.
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