WHISTLE-BLOWING

PRESENTED & PREPARED BY:- AMANJEET SINGH BHANDARI

DEFINITION OF WHISTLE-DEFINITION OF WHISTLE-BLOWINGBLOWING

One who reveals wrong-doing within an organization to the public or to those in positions of authority.

One who discloses information about misconduct in their workplace that they feel violates the law or endangers the welfare of others.

One who speaks out, typically to expose corruption or dangers to the public or environment.

TYPES OF WHISTLE-BLOWING

Internal Whistle-Blowing

When an individual advocates beliefs or revelations within the organization.

External Whistle-Blowing

When and individual advocates beliefs or revelations outside the organization.

CHARACTERISTICS OF CHARACTERISTICS OF A WHISTLEBLOWERA WHISTLEBLOWER

Fully MotivatedFully MotivatedUninterested in Uninterested in

Altering Their BehaviorAltering Their BehaviorAllows Own Attitudes Allows Own Attitudes

and Beliefs to Guide and Beliefs to Guide ThemThem

Often are Well Often are Well Educated and Holds Educated and Holds Professional PositionsProfessional Positions

COMPONENTS OF COMPONENTS OF WHISTLE BLOWER WHISTLE BLOWER

POLICYPOLICY

EFFECTS OF EFFECTS OF WHISTLE-BLOWINGWHISTLE-BLOWING

• Forced to leave organization/demotion

• Credibility ruined• Family, health, and/or

life in jeopardy• Outrage and

divisiveness of people directly or indirectly involved

• Physical Or Physical Or Psychological Psychological IsolationIsolation

• Organization Organization Experiences Loss Of Experiences Loss Of Money, Restitution, Money, Restitution, Productivity, And Productivity, And Positive Reputations.Positive Reputations.

• IncarcerationIncarceration

Protection Laws The Whistleblower

Protection Law -1989

AND AMENDED

AS

The Whistleblower Act - 1994

SEBI ON WHISTLE BLOWER POLICY•Right Of Access-Communicated-

employees•Approach To Audit Committee.•Provision Protecting Whistle

Blower From 1.Unfair Termination. 2.Unfair Employment

Practices.

BENEFITS OF A WHISTLE BLOWER POLICY

• Good Governance• Promotion Of A Culture Of Openness

• Action Against Unethical And Fraudulent Acts

• Early Alerts To Diffuse Disaster.

INDIAN SCENARIO IN RESPECT OF WHISTLE

BLOWER POLICY•LIC Housing Finance Ltd.•The Great Eastern Shipping Co. Ltd

•Asian Paints Ltd.•Kotak Mahindra Bank•Ashok Leyland Ltd.

ANY QUERIES?

THANK YOU !