law: Companies (Amendment) Act, 2000
  148.
  
  Amendment of section 303.-
  In
  
  section 303 of the principal Act,-
  (a)
  
  the words "managing agent, secretaries and treasurers," wherever they
  
  occur, shall be omitted;
  (b)
  
  in sub-section (1), in clause (a), the words "managing agent" shall
  
  be omitted;
  (c)
  
  in sub-section (3), for the words "fifty rupees", the words
  
  "five hundred rupees" shall be substituted.