Companies (Amendment) Act, 2000

175. Amendment of section 393.-

In section 393 of the principal Act,-

(a) in sub-section (1), in clause (a), the words "managing agent, secretaries and treasurers" shall be omitted;

(b) in sub-section (4),-

(i) for the words "five thousand rupees", the words "fifty thousand rupees" shall be substituted;

(ii) the words "managing agent, secretaries and treasurers," shall be omitted;

(c) in sub-section (5),-

(i) the words "managing agent, secretaries and treasurers" shall be omitted;

(ii) for the words "five hundred rupees", the words "five thousand rupees" shall be substituted.