law: Companies (Amendment) Act, 2000
  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.