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IIL is a Full Member of the Pakistan Institute of Corporate Governance. In compliance with the best practices outlined by the Code of Corporate Governance, the Company has documented the following policies and statements for effective conduct of business acitivity.
Policies:
- Risk Management Policy
- Profit Appropration Policy
- Related Party Transaction Policy
- Donation Policy
- Procurement Policy
- Borrowing Policy
- Budgetary Control Policy
- Investment Policy
- Policy for Acquistion & Disposal of Fixed Asset
- Human Resource Policy
- Write off of Bad Debts, Advances and Receivable
- Delegation of Financial Powers
- Terms of Credit and Discount Customers
- Stores and Spares Policy
- Roles and responsibilities of the Chairman and Chief Executive
- Levels of Materiality
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