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Companies (Amendment) Act, 2000

105. Amendment of section 221.-

In section 221 of the principal Act,-

a.   sub-section (2) shall be omitted;

b.   in sub-section (3), the words "managing agent, secretaries and treasurers," shall be omitted;

c.   in sub-section (4), for the words "five thousand rupees", the words "fifty thousand rupees" shall be substituted.

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