law: 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.