A foreign company is required to prepare and file balance sheet and profit & loss account every:

1. Section 381 — every foreign company must prepare and deliver a balance sheet and P&L every CALENDAR YEAR with ROC under Companies (Registration of Foreign Companies) Rules. 2. Consolidated and Indian-business statements may also be required. 3. Hence (D). _Source: ICAI BoS CA Inter Paper 2 — Companies Incorporated Outside India_