Conflict of Interest
Conflict of Interest Conflict of Interest in the Indian Workplace: A Comprehensive Guide Conflicts of interest are a critical issue in the corporate world, with the potential to undermine ethical conduct, integrity, and trust within organizations. As an employment law expert in India, I've created this comprehensive guide to help both employees and employers navigate the complex landscape of conflicts of interest in the workplace. What is a Conflict of Interest? A conflict of interest arises when an individual's personal interests or relationships interfere with their professional responsibilities, potentially compromising their ability to act impartially and in the best interests of their employer. In other words, it's a situation where an employee's or director's private interests clash with their duties to the company. Legal Framework in India In India, conflicts of interest are primarily governed by the Companies Act, 2013 and the Securities and Ex...