The Whistleblowing Corporate Fraud: India’s Regulation

Over the past few decades, the corporate sector has seen a number of progressive developments that constantly empowered many controversial corporate scandals. “This research paper begins by explaining whistleblowing an act which is an aid to many organizations or individuals in the efforts to tackle the bribery and corruption”. India’s growing economy necessitates significant foreign investment to fund large-scale projects, and the government makes sure to supply the necessary resources and technology. This necessitates a review of corporate governance with a focus on the whistleblower procedure in order to prevent various fraudulent practices. Therefore, it's critical that businesses maintain human resources policies and procedures that support whistleblowing behavior rather than presenting whistleblowers as traitors. With the objective to ensure the effective implementation of the whistleblowing process and other laws, as well as to create the existence of corporations, this paper is going to examine the "value" and the principles of corporate governance. It will also look at the systematic changes that have been made to current law. A doctrinal study with secondary based research has been carried out to understand the mechanism of whistle-blowers in India.