Question ID : 44429

Annual Performance Report APR for Overseas Subsidiary

A Ltd has Subsidiary outside India in Mauritius whose merger got approved from 1.4.2021, where Merger scheme approval got on 1.8.2022 from NCLT and accordingly Financial of 2021-22 of A Ltd has been made by incorporating such merger. Now, Whether APR of subsidiary under FEMA need to file for the FY 2021-22, where due date also not over or get over. Please guide where merger schemes are having retrospective effect and compliances that should look into .

posted by Pankaj Kumar Sharma on Feb 16 2023 12:00AM