law: Companies (Amendment) Act, 2000
  40.
  
  Amendment of section 89.-
  In
  
  section 89 of the principal Act,-
  (a)
  
  in sub-section (2),-
  (i)
  
  for clause (a), the following clause shall be substituted, namely:-
  "(a)
  
  any resolution relating to the appointment or reappointment of a director or to
  
  any variation in the terms of an agreement between the company and a managing
  
  or whole time director thereof;";
  (ii)
  
  clause (c) shall be omitted;
  (b)
  
  in sub-section (3), for the words "one thousand rupees", the words
  
  "ten thousand rupees" shall be substituted.