Companies (Amendment) Act, 2000
151. Amendment of section 307.-
In section 307 of the principal Act,-
(a) in sub-section (7), for the words "five hundred rupees", the words "five thousand rupees" shall be substituted;
(b) in sub-section (8),-
(i) for the words "five thousand rupees", the words "fifty thousand rupees" shall be substituted;
(ii) for the words "twenty rupees", the words "two hundred rupees" shall be substituted;
(c) sub-section (11) shall be omitted.