Sudarshan Cars is committed to conducting its business with honesty, integrity, and transparency. Our Anti-Corruption and Anti-Bribery Policy outlines our zero-tolerance approach towards corruption and bribery in all aspects of our operations in India.
1. Compliance with Laws and Regulations:
○ Sudarshan Cars strictly adheres to all applicable anti-corruption laws, regulations, and standards in India, including the Prevention of Corruption Act, 1988.
○ We require all employees to familiarize themselves with these laws and comply with their provisions in all business activities.
2. Prohibition of Bribery:
○ Sudarshan Cars prohibits offering, giving, soliciting, or accepting bribes or any other improper payments, whether directly or indirectly, to or from any person or entity, including government officials, public servants, customers, suppliers, or business partners.
○ Bribery in any form, including facilitation payments, kickbacks, or improper gifts, is strictly prohibited and will not be tolerated.
3. Gifts, Entertainment, and Hospitality:
○ Sudarshan Cars recognizes that the provision of gifts, entertainment, and hospitality can create potential conflicts of interest or the appearance of impropriety.
○ Employees must exercise caution when offering or accepting gifts, entertainment, or hospitality, ensuring that they are modest, appropriate, and consistent with business practices and ethical standards.
4. Due Diligence on Business Partners:
○ Sudarshan Cars conducts due diligence on all business partners, including suppliers, agents, distributors, and other third parties, to ensure they adhere to the same anti-corruption and anti-bribery standards.
○ We require business partners to commit to compliance with anti-corruption laws and regulations and to report any suspected or actual instances of corruption or bribery.
5. Conflicts of Interest:
○ Sudarshan Cars employees must avoid situations where their personal interests conflict or appear to conflict with the interests of the company.
○ Employees must disclose any actual or potential conflicts of interest to their supervisors or the Compliance Officer and refrain from engaging in activities that may compromise their judgment or integrity.
6. Reporting Violations and Concerns:
○ Sudarshan Cars encourages employees to report any suspected or actual violations of this Anti-Corruption and Anti-Bribery Policy through established channels, such as the whistleblower hotline or directly to management.
○ Reports will be promptly investigated, and appropriate disciplinary action will be taken against individuals found to have violated this policy.
7. Training and Awareness:
○ Sudarshan Cars provides regular training and awareness programs to educate employees about the risks of corruption and bribery and their obligations under this policy.
○ Employees are encouraged to seek guidance from the Compliance Officer or the Legal Department if they have any questions or concerns regarding compliance with this policy.
8. Continuous Improvement:
○ Sudarshan Cars is committed to continuously improving its anti-corruption and anti-bribery measures through regular review, assessment, and enhancement of policies, procedures, and controls.
○ We will monitor changes in laws, regulations, and industry standards related to anti-corruption and anti-bribery and update this policy accordingly.
This Anti-Corruption and Anti-Bribery Policy applies to all Sudarshan Cars employees, officers, directors,
contractors, consultants, and agents in India and sets forth the standards of conduct expected of them. Violations of
this policy may result in disciplinary action, up to and including termination of employment or business relationships.
Sudarshan Cars reaffirms its commitment to ethical business practices and compliance with anti-corruption laws
and regulations in India.