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CMA Intermediate · Corporate Accounting and Auditing · Statement of Profit and Loss and Balance Sheet (Schedule III of Companies Act, 2013)

Along with the balance sheet and profit and loss account delivered to the Registrar, a foreign company must also send a list in the prescribed form. What does this list contain?

The list must show all places of business established by the foreign company in India as at the date to which the balance sheet is made out. Section 381(3) requires it to be sent to the Registrar with the financial documents.

  1. AAll places of business established by the company in India as at the balance sheet dateCorrect
  2. BAll shareholders of the company resident in India
  3. CAll subsidiaries of the company worldwide
  4. DAll bankers of the company in India

Explanation

Section 381(3) requires a list in the prescribed form of all places of business established in India, as at the date of the balance sheet. The other options are not required by that sub-section.

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