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<h1>Amendment to Section 137: Foreign subsidiaries can file unaudited financials with declaration; translation required if not in English.</h1> Section 137 of the principal Act is amended by removing references to the time specified under section 403 in subsections (1), (2), and (3). Additionally, a new proviso is added after the fourth proviso in subsection (1) for foreign subsidiaries. It states that if a foreign subsidiary's financial statement is unaudited due to the laws of its incorporation country, the Indian holding company can file the unaudited statement with a declaration. If the statement is not in English, a translated copy must be provided.