
Code of Business Ethics
Trustbanq Realty Limited is committed to operating its business with ethics, professional integrity and in compliance with all applicable laws and regulations.
This Code of Business Ethics is intended to achieve the twin objectives of the management which is critical to the vision & stated objectives of Trustbanq Realty Limited.
1. To practice & maintain the highest standards of conduct and governance
2. To encourage the employees, associates, clients & Partners to report any questionable practice related to ethical conduct and fair & legal practice in the business domain.
Values
Trustbanq Realty Limited is committed to the stated values of the management vision, to be able to achieve the best business practices.
1) We should channelize our efforts towards the clients’ success.
2) We believe that all customers require customized & innovative solutions.
3) We believe in “THINKING IN THE CUSTOMERS’ SHOES.”
4) We believe in fostering an environment of “Participative management”.
5) We are committed to protect the natural environment.
6) We thrive on the challenge of creating profitable growth and value creation for our clients, customers & shareholders.
7) WE DO NOT MAKE A LIVING BY WHAT WE GET, but, BY WHAT WE CAN GIVE!
Compliance with Laws, Rules and Regulations
Trustbanq Realty Limited requires by law, and encourages all concerned with the business, including employees, officers, directors, agents and business associates to comply with the laws of the land, the rules and regulations applicable to the Company wherever we do business. It encourages all concerned to use their wise business judgment and common sense in complying with all applicable laws, rules, and regulations, and seek guidance and advice when uncertain about them.
None are discouraged to report violations directly to the CEO, or any directors of the company.
Conflicts of Interest and Related Rules
All concerned with Trustbanq are necessarily under agreement to avoid any situation wherein there is a conflict of interest. In the least instance, it is expected that the conflict of interest is reported, and appropriate management clearance obtained, after analyzing the same. A conflict of interest situation, is defined as, where the personal interest (financial or otherwise related on unrelated to the transaction(s) on that day) interferes with or is likely to influence the ability of a person to be fair in judgment and decision-making on behalf of the Company, stakeholders and vision.
IMPAIRMENT OF JUDGMENT:
No officer, director, or employee may make any decision to enter into a relationship with a client, principal or investment without the prior written approval from the duly empowered signatories. All connected with Trustbanq are duly advised not to enter into a relationship, either directly, or through surrogate and implicit manner, wherein the employee, agent or channel impairs the ability to keep the business interest of Trustbanq and its affiliates into account, unless so agreed, explicitly, by the management of Trustbanq.
PERSONAL USE OF CONFIDENTIAL OR PROPRIETARY INFORMATION:
No employee, agent, channel partner or franchisee may make personal use of confidential or proprietary information, particularly material nonpublic information, acquired when being part of Trustbanq realty Ltd. At all times, all information collected while being part of Trustbanq Realty Ltd. would be deemed to be the copyright and intellectual property of the company and the same cannot be used for any gains, personal or for business, post the severance with Trustbanq Realty Ltd, unless agreed to by the duly authorized members of the board / governing council.
No personal transaction, including investment, securities, collaterals, purchases OR commitments can be entered into, by the connected personnel of Trustbanq Realty Ltd, using the Trustbanq name, either in self’s name Or in the name of the spouse, relative of friend, who may have no connect or liability absorbed by Trustbanq.
APPROPRIATION OF BUSINESS OPPORTUNITY:
No employee, agent, affiliate or connected with Trustbanq Realty Ltd. may appropriate for his or her benefit, or for the benefit of any family member, any business opportunity that is discovered or developed in the course of duties performed as being part of Trustbanq, and that relates to any business in which the Company engages or may engage.
Protection and Proper Use of Corporate Assets
Employees, officers, and directors should seek to protect the Company's assets. Theft, carelessness, and waste have a direct impact on Trustbanq’s corporate governance & financial performance. The assets and services of Trustbanq can only be used for legitimate business purposes of the Company and not for any personal benefit or the personal benefit of anyone else.
Reporting and Compliance Procedures
At the first instance, anybody associating with Trustbanq realty Ltd, explicitly agrees to the understanding as well as compliance of the code of ethics. Any report, if and when received would be taken seriously, and the same would be evaluated immediately by the officer, Director or supervisor. Due care would be taken to protect the identity and interest of the employee reporting the same. Wherever need be, a committee would be constituted to evaluate and initiate action against the violator of the code of conduct. Disciplinary action could include upto and including termination of service.
All connected, at all times, are advised to cooperate on any such inquiry.
COMPLAINCE & Discipline
All employees, agent, affiliates and channel partners are explicitly explained the importance, governance and importance of the code of governance. All are forbidden to overlook or ignore the code of conduct of Trustbanq realty Limited. Violations of this Business Code of Ethics constitutes a serious offense, and can attract serious disciplinary actions ranging from a formal warning to termination of employment / contractual obligation or referral for criminal prosecution, as circumstance may warrant. If individuals may take decisions, and misrepresent them as corporate decisions of Trustbanq, they are likely to be prosecuted under the law prevailing in the land, and the Trustbanq Realty Ltd. management is under no obligation to honour any such commitments.
Relationship to Other Company Policies
In addition to the directions provided in the code of Business Ethics, TBRL has and follows many other business policies that relate to business governance and stakeholder protection. They set forth clear and specific directions concerning everyday business practices and behavior, and all connected and concerned with Trustbanq re duly advised to familiarize and conduct themselves within those policies.
This code is a self initiated initiative of the management of Trustbanq Realty Ltd. and is liable, likely to change, at the sole discretion of the management of TBRL, as and when it might be desirable to change, modify or interpret in the future. The interpretation of the management of the company would be binding, conclusively, on the employees, agents, partners and clients, at all times. |