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

A Swiss-incorporated company with a place of business in India files its annual accounts with the Registrar, but the accounts are prepared in German. What does the Companies Act, 2013 require?

A certified English translation must be annexed to the accounts. Section 381(2) says that where any document required to be delivered to the Registrar is not in English, a certified translation in the English language must be attached to it.

  1. ANothing further, as German accounts are acceptable
  2. BA certified translation in the English language must be annexed to the accountsCorrect
  3. CA translation in Hindi must be annexed
  4. DThe accounts must be re-audited by an Indian auditor in English

Explanation

Section 381(2) states that if any document is not in the English language, a certified translation in English must be annexed to it. Hindi translation and re-audit are not requirements stated in the section.

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