Page 41 - LGB Group
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d)  Inquiry

                         A panel appointed by the Company shall conduct all domestic inquiries. The
                         inquiry panel shall not include a member(s) whose presence may affect the
                         impartiality  of  the  panel  in  its  conduct  of  the  proceedings  and  its
                         recommendations.

                         The  proceedings  of  an  inquiry  shall  be  duly  recorded  by  the  panel  for
                         submission to the HRD or to the appropriate higher authority for decision.

                     e)  Disciplinary Actions

                         Depending on the gravity of the offence committed and after due inquiry, the
                         Employee  who  is  found  guilty  may  subject  to  any  one  of  the  following
                         punishments:

                         (1)  Dismissal without notice

                         (2)  Downgrading
                         (3)  Suspension without pay up to a maximum of two (2) weeks.
                         (4)  Stoppage/withholding of increment
                         (5)  Withholding of bonus
                         (6)  Withholding of promotion
                         (7)  Reduction of salary
                         (8)  Written Warning
                         (9)  Any other form of disciplinary action as deemed appropriate.

                     f)  Right of Appeal

                         An Employee who has been imposed a disciplinary action shall have the right
                         to appeal in writing within three (3) working days of the announcement of the
                         decision, to any one of the following as appropriate:

                         Head of Company / Executive Director / Managing Director / Chief Operating
                         Officer / Chief Executive Officer

                         The decision of the Company is final and shall be submitted to the Employee
                         in writing.

                     g)  Grievance Procedure

                         (i)  A  grievance  is  defined  as  any  discontent  or  dissatisfaction,  whether
                             expressed or not, arising out of anything connected with the Company
                             that  an  Employee  thinks,  believes  or  perceives  as  unfair,  unjust  or
                             inequitable.

                         (ii)  It is the desire of the Company that any grievances arising between an
                             Employee  and  another or between  an  Employee  and  his superior,  be
                             settled as amicably, equitably and quickly as possible.




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