Annual Report cb smile - Jet Airways

Corporate Governance Report (contd.)
of the Board and the Senior Management personnel have affirmed their compliance with the said Code. A declaration
to this effect, signed by the Chief Executive Officer, is given below:
In accordance with Clause 49(I)(D) of the Listing Agreement entered into with the Stock Exchanges, I hereby
confirm that:
All the Members of the Board and the Senior Management personnel of the Company have affirmed compliance
with the Code of Business Conduct and Ethics for the Members of the Board and the Senior Management, as
applicable to them, in respect of the Financial Year 2009-10.
Mumbai Nikos Kardassis
20th May, 2010 Chief Executive Officer
f. ED / CEO Certification
A Certificate from the Executive Director appointed in terms of the Companies Act, 1956 and the Chief Executive
Officer (In - charge Finance), on the financial reporting and internal controls over financial reporting for the
financial year ended 31st March, 2010, was placed before the Board. In addition, as required by Clause 41 of the
Listing Agreement, certificates from the Executive Director and the Chief Executive Officer (In - charge Finance) on
the quarterly financial results were placed before the Board.
g. Risk Management
The Company has laid down procedures to inform the Board Members about the Risk Assessment and Minimization
procedures, which are periodically reviewed by the Board.
h. Policy for reporting illegal or unethical behaviour (Whistleblower Policy)
Directors and employees are encouraged to report evidence of illegal or unethical behaviour to appropriate Company
personnel. It is the policy of the Company to not allow retaliation against any employee who makes a good faith
report about a possible violation of the Code of Business Conduct and Ethics (the Code).
Suspected violations of the Code may be reported to the Chairman of the Board or the Chairman of the Audit
Committee. All reported violations are appropriately investigated. When in doubt about the best course of action in
a particular situation, employees are encouraged to talk promptly to their supervisors, managers or the Head of
Human Resources. Employees are expected to fully cooperate in internal investigations of misconduct.
Under the ‘Special Reporting Obligations and Procedures Relating to Concerns Regarding Accounting or Auditing
Practices’, employees are encouraged to bring to the attention of the Audit Committee or the Company’s Board of
Directors any questions, concerns or complaints they may have regarding accounting, internal accounting controls or
auditing matters.
6. Means of Communication
The Company publishes the financial results (quarterly / half-yearly / annual) in atleast one English Daily Newspaper like
Economic Times and in one Marathi newspaper like Navshakti after the same have been reviewed by the Audit Committee
and approved by the Board. The financial results are also simultaneously posted on the Company’s website
www.jetairways.com. Hence, no separate quarterly or half-yearly report is mailed to the Shareholders.
The Company’s website contains a separate dedicated section ‘Investor Relations’ where shareholders’ information can be
accessed. The quarterly / annual financial results and official news are posted on the Company’s website.
The following are also promptly displayed on the Company’s website-
- Shareholding Pattern, Annual Report and the Investor Presentations, as and when made, to the media and analysts.
- Official press releases.
Official press releases are also sent to, and are displayed by, the Stock Exchanges.
Information about the Financial Results, Shareholding Pattern and other specified details are now electronically filed
through the Corporate Filing and Dissemination System (CFDS) as required under the Listing Agreement. Investors can
view this information by visiting the website www.corpfiling.co.in.
The Management’s Discussion and Analysis forms part of this Annual Report.
The Company has designated the following e-mail id exclusively for investor services: companysecretary@jetairways.com
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