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CS Professional · Strategic Management and Corporate Finance · Foreign Funding - Instruments, Laws and Procedures

A foreign company delivers its balance sheet to the Registrar under Section 381. Along with these documents, what else must it send under that section?

The foreign company must send a list, in the prescribed form, of all places of business it has established in India as at the balance sheet date. Section 381(3) requires this to accompany the accounts delivered to the Registrar.

  1. AA list of its shareholders abroad
  2. BA copy of a list in the prescribed form of all places of business established by it in India as at the balance sheet dateCorrect
  3. CA statement of all foreign loans raised
  4. DA copy of its home-country incorporation law

Explanation

Section 381(3) requires every foreign company to send, with the documents under sub-section (1), a copy of a list in the prescribed form of all its places of business in India as at the date of the balance sheet. The other items are not required by that sub-section.

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