95. Amendment of section 209.- In section 209 of the principal Act,— (a) in sub-section (5), for the words "one thousand rupees", the words "ten thousand rupees" shall be substituted; (b) in sub-section (6),— (i) for clause (a), the following clause shall be substituted, namely:— "(a) where the company has a managing director or manager, such managing director or manager and all officers and other employees of the company; and"; (ii) clauses (b) and (c) shall be omitted; (iii) for clause (d), the following clause shall be substituted, namely:— "(d) where the company has neither a managing director nor manager, every director of the company."; (iv) clause (e) shall be omitted; (c) in sub-section (7),— (i) the words "managing agent, secretaries and treasurers," shall be omitted; (ii) for the words "one thousand rupees", the words "ten thousand rupees" shall be substituted. |