Background
This Grievance Redressal Policy works as guideline for handling and redressing the complaints/grievances if any raised by the stakeholders in a time bound manner. The Grievance Redressal Mechanism under this Policy will also deal with the issue relating to services provided by Indian Register of Shipping (“Company”). This Policy was approved by the Executive Chairman of the Board on 12th July 2024.
Objective
IRS is committed to provide excellent service to its stakeholders on a regular and consistent basis for the Company’s sustained growth. Handling of Complaints and Grievances is an important activity of any customer‐oriented organization. IRS believes that quick and effective handling of complaints as well as prompt corrective and preventive actions are essential for the growth of the Company.
The objective of this Grievance Redressal Policy (Policy) is to provide a clear, transparent and structured process / procedures to communicate and handle grievances and ensure a timely and fair resolution. The external stakeholders include customers, vendors, service providers, partners, public and others who deals with the Company.
Scope
This Policy applies to all grievances raised by the external stakeholders regarding the Company’s services, employees or any other matter of concern.
The procedures/processes contained in this Policy are applicable to the Head Office and all the branches/offices of IRS situated across the world and to all activities where there is an interaction with the stakeholders.
The policy contains two sections:
a. Capturing stakeholder grievances
b. Grievance Redressal Mechanism
Definitions
1. Capturing stakeholder grievances
Submission of Grievances
Grievances can be submitted through the following channels:
The Management Representative (for grievances relating to the Company) / The Head HR (for grievances relating to employees); Indian Register of Shipping; 52-A Adi Shankaracharya Marg; Opp Powai Lake, Powai; Mumbai -400072. India.
Acknowledgment of Grievance
Upon receipt of the grievance, the Company will:
2. Grievance Redressal Mechanism
Investigation and Resolution
Initial Review: The MR will forward the complaint to the concerned person for resolution and conduct an initial review of the grievance within 7 business days of acknowledgment.
Escalation
If the complainant is not satisfied with the resolution, they can escalate the grievance to:
Confidentiality
All grievances will be handled with the utmost confidentiality. Information related to the grievance will only be shared with individuals directly involved in the resolution process.
Documentation and Reporting
Continuous Improvement
The Company will periodically review the grievance redressal process and policy to ensure effectiveness and make improvements as necessary based on feedback and changing circumstances.
Communication of the Policy
This Policy will be: