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ANNUAL ACCOUNTS

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26 November 2008 dear friends,

please tell me the circular if any which mention that the indian company is not required to submit the account (balance sheet & p&l a/c.) of their foreign subsidiary(wholly owned)with the rbi.
please give the answers urgent required.

thanks

26 November 2008 Indian company must disclose their foreign operation .i have doubt regarding the circular mentioning opposite of that.

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