Section 175 in The 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.
