Companies (Amendment) Act, 2000
157.
Amendment of section 322.-
In
section 322 of the principal Act,-
(a)
in sub-section (1), the words "or of the managing agent, secretaries and
treasurers" shall be omitted;
(b)
in sub-section (2),-
(i)
the words ", managing agent, secretaries and treasurers" at both the
places where they occur, shall be omitted;
(ii)
the words ", the managing agent, secretaries and treasurers" shall be
omitted;
(iii)
the words ", its managing agent, secretaries and treasurers," shall
be omitted;
(c)
in sub-section (3),-
(i)
the words "managing agent, secretaries and treasurers" at both the
places where they occur, shall be omitted;
(ii)
for the words "one thousand rupees", the words "ten thousand
rupees" shall be substituted. 158. Amendment of section 323.