A company (UAE)was incorporated in UAE on February 2010 wich is a subsidiary of an Indain Company (IND.)
My query is whether to meet the section 212 of the Companies Act, 1956, the Holding company (IND)should/must attach the Balance Sheet of the Subsy(UAE)with their Annual report to file the same with the Registrar of Companies in India.
Whether the Balance Sheet be represented in the INR or the Balance sheet prepared in the Currency of the Coutry, in which it was incorporated?
Thanks in anticipation.
Yours
CS Anand
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Attachment of Balance Sheet with Holding Company