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CASE 1

BhushanKumar’sfatherhasbeenswornin as a minister.BhushanKumar’ssonVinay is a wholesale steel supplier of long standing. He has been supplying steel to many government departments. Someone advises Vinay that he would have to disassociate himself with the business.

Question

What will be the correct course of action for Vinay?

1. He should close hisbusiness.

2. He can continue with hisbusiness.

3. He should stop dealing with government departments and public undertakings.

4. He should separate his household from that of his father.

Discussion

Vinay need not close his business. He is a regular trader since long in steel. This fact has no connection with his father becoming a minister.

Vinay can carry on with his business as before. He is not obliged to his father in any way for his business. The fact of his father becoming a minister does not create any conflict of interest situation.

There is no need for Vinay to stop dealing with government departments. He can carry on activities in the normal course of business.

Finally, Vinay need not separate his household from that of his father. The family arrangements have no relationshipwith Bhushan Kumar’s position as a minister.