1. Introduction

SafeSparesOnline, operated by M/s Sital Agri Farms and Equipments, is an online marketplace for machine spare parts. We maintain a zero-tolerance approach towards bribery and corruption. This policy outlines our stance on anti-bribery, corruption, and money laundering practices.

2. Definitions

• Associates: Individuals at all levels associated with SafeSparesOnline, including employees, consultants, contractors, and agents.

• Business Partners: Third parties like consultants, vendors, and agents with whom we enter contracts.

• Bribery: Offering, accepting, or soliciting anything of value to influence someone's actions for business advantage.

• Money Laundering: Concealing the origins of illegally obtained funds.

• Improper Payments: Payments made to improperly influence actions or gain benefits.

• Facilitation Payments: Unofficial payments to speed up routine government actions.

• Kickbacks: Payments for business favors or advantages.

3. Scope and Applicability

This policy applies to all Associates and Business Partners. It is the responsibility of all involved to comply with the anti-bribery, corruption, and money laundering principles outlined.

4. Compliance Officer

The Compliance Officer ensures adherence to this policy. All concerns or reports regarding policy violations should be directed to them.

5. Policy Framework

• Bribery and corruption in any form are prohibited.

• Business must be conducted with integrity, regardless of local customs.

• Associates cannot offer bribes or payments to influence any decisions or actions.

• Any payment on behalf of SafeSparesOnline must be proportionate to the goods or services provided.

6. Red Flags

Suspicious behaviors include requests for bribes, unstandardized invoices, cash payments, or lavish gifts. Any such concerns must be reported immediately.

7. Anti-Money Laundering

We comply with all anti-money laundering laws, and our associates and business partners must do the same.

8. Reporting Violations

If you suspect a policy violation, report it immediately to the Legal Department at safe@SafeSparesOnline.com.

9. Disciplinary Action

Violations of this policy may lead to disciplinary actions, including termination or legal consequences. Non-compliance may be referred to the appropriate regulatory authorities.

10. Periodic Review

The Board will periodically review and update this policy to ensure its effectiveness and compliance.