Companies (Amendment) Act, 2000

11. Amendment of section 40.-

In section 40 of the principal Act,-

a.   in sub-section (1), the words, brackets, letter and figures "in the agreement referred to in clause (c) of sub-section (1) of section 39 or in any other agreement" shall be omitted;

b.   in sub-section (2), for the words "ten rupees", the words "one hundred rupees" shall be substituted.