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Foreign Companies - Accounts - Whether it will be sufficient if foreign insurance company files the same return as required to file with Controller of Insurance - Companies Law - No. 8/594/57-PR,Extract Circular : No. 8/594/57-PR, dated 8-7-1957. Subject:- Foreign Companies - Accounts - Whether it will be sufficient if foreign insurance company files the same return as required to file with Controller of Insurance Having regard to the provisions of section 616(a) and the relevant provisions of the Insurance Act, 1938, notably section 17 thereof, read with section 593(1)(a) of the Companies Act, it will be sufficient compliance with the provisions of section 594 if foreign insurance companies file with the Registrar the same returns which they are required to file the Controller of Insurance under the provisions of the Insurance Act, 1938.
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