Source Natural Foods and Herbal Supplements Limited

Codes and Policies

 

Introduction  

This Code of Conduct helps, ensure compliance with legal requirements and management's principles of business, process and conduct. The principles described in this Code of Conduct are general in nature, subject to continuous review and updation of our policies. Hence, this Code of Conduct is subject to modification and the Company may update the Code from time to time. The Company shall conduct its business affairs in tune with its internal policies.

Financial reporting and records  

The Company shall prepare and maintain its accounts fairly and accurately in accordance with the accounting and financial reporting standards which represent the generally accepted guidelines, principles, standards, laws and regulations of the country in which the company conducts its business affairs. Internal accounting and audit procedure shall fairly and accurately reflect all of the company's business transactions and disposition of assets. All required information shall be accessible to company auditors and other Authorised parties and government agencies. There shall be no willful omissions of any company transactions from the books and records, no advance income recognition, and no hidden bank account and funds Any willful material misrepresentation of and/or misinformation on the financial accounts and reports shall be regarded as a violation of this code, apart from inviting appropriate action under the relevant laws.

Ethical conduct  

Every employee of the company, which shall include whole-time Directors and the Managing Director, shall deal on behalf of the company with professionalism, honesty and integrity, as well as high moral and ethical standard. Such conduct shall be fair and transparent and be perceived to be as such by third parties.

Shareholders  

The Company shall be committed to enhance shareholders value and comply with all regulations and laws that govern shareholders' rights. The board of directors of the company shall duly and fairly inform its shareholders about all relevant aspects of the company's business, and disclose such information in accordance with the respective regulations and agreements. Every employee shall be responsible for the implementation of and compliance with this code in his professional environment. Failure to adhere to the code could attract the most severe consequences, including termination.

Regulatory compliance  

Every employee of the company shall, in his or her business conduct, comply with all applicable laws and regulations, both in letter and in spirit, in all the territories in which he or she operates. If the ethical and professional standards set out in the applicable laws and regulations are below that of the code, then the standards of the code shall prevail.

Download pdf of code and policies:  

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