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Bare acts > Companies (Amendment) Act, 2000 > Section 182


182. Amendment of section 407.- In section 407 of the principal Act,-

(a) in sub-section (1), in clause (b),-

(i) the words "managing agent, secretaries and treasurers," at both the places where they occur, shall be omitted;

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

(b) in sub-section (2),-

(A) in clause (a),the words "managing agent, secretaries and treasurers" shall be omitted;

(B) clause (b) shall be omitted;

(C) in clause (c), for the words "five thousand rupees", the words "fifty thousand rupees" shall be substituted.





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