ACCOUNTS OF FOREIGN COMPANY: Under the section 380 of the Act,
(1) Every foreign company shall, in every calendar year- (a) make out a balance sheet and profit and loss account or in the case of a company not trading for profit, an income and, expenditure account if the company is a holding company, group accounts, in such a form, and containing such particulars and including such documents, as under the provision of this Act it would, if it had been a company within the meaning of this Act, have been required to make out and lay before the company in general meeting; and. (b) deliver three copies of those documents to the Registrar: Provided that the Government may, by notification in the official Gazette, direct that in the case of a foreign company or class of foreign companies the requirements of clause (a) shall not apply or shall apply subject to such exceptions and modifications as may be specified in the notification. (2) If any such document as is mentioned in sub-section (1) is not written in Bengali or English language, there shall be annexed to it a certified translation thereof.