Section 436 — Return to be delivered to registrar by foreign companies whose documents altered

If any alteration is made or occurs in—

(a) the charter, statute or memorandum and articles of a foreign
company or any such instrument as is referred to in section 435;

(b) the address of the registered or principal office of the company

(c) the directors, chief executive or secretary or in the particulars
contained in the list referred to in section 435;
(d) the principal officer referred to in section 435;

(e) the name or addresses or other particulars of the persons authorised
to accept service of process, notices and other documents on behalf
of the company as referred to in the preceding section 435, or

(f) the principal place of business of the company in Pakistan;

the company shall, within thirty days of the alteration, deliver to the registrar for
registration a return containing the specified particulars of the alteration and in the
case of change in persons authorised to accept service of process, notices and other
documents on behalf of the company, also his consent to do so.
437. Accounts of foreign companies.−(1) Every foreign company shall
in every year make out and file with the registrar, together with a list of Pakistani
members and debenture-holders and of the places of business of the company in
Pakistan−

(a) such number of copies of financial statements, not being less than
three, as may be specified, in such form, audited by such person,
containing such particulars and including or having annexed or
attached thereto such documents (including, in particular documents
relating to every subsidiary of the company) as nearly as may be as
under the provisions of this Act it would, if it were a company
formed and registered under this Act, be required to file in
accordance with the provisions of this Act, in respect of the
company’s operations in Pakistan as if such operations had been
conducted by a separate public company formed and registered in
Pakistan under this Act; and

(b) in a case where, by the law for the time being in force of the country
in which the company is incorporated, such company is required to
file with the public authority an annual statement of financial

58 Added vide the Companies (Amendment) Act, 2021 dated 1st December, 2021.

position and profit and loss accounts, also such number of copies of
that statement of financial position and profit and loss account
together with any documents annexed thereto as may be specified,
and if the same is not in the English language a certified translation
thereof in the English language; or

(c) in a case where a company is not required to file with the public
authority of the country in which the company is incorporated an
annual statement of financial position and profit and loss account as
referred to in clause (b), the specified number of copies, not being
less than three, of the statement of financial position and profit and
loss account and the report of auditors and other documents annexed
thereto, in such form and manner as under the provisions of this Act
it would, if it had been a public company within the meaning of this
Act, be required to make out and lay before the company in general
meeting.

(2) The period within which the documents, returns or reports referred
to in sub-section (1) are to be filed with the registrar shall be a period of forty five
days from the date of submission of such documents or returns to the public
authority of the country of incorporation or within one hundred and eighty days
of the date up to which the relevant accounts are made up, whichever is earlier.