21. Amendment of section 107 of the principal enactment

Section 107 of the principal enactment as last amended by Act, No. 9 of 2008 is hereby further amended as follows :-

in paragraph (a) of the proviso to subsection (1) of that section by the substitution for all the words commencing from “any quoted public company or any other company,”, to “such quoted public company or other company,”, of the words “any quoted public company, any other company which is a member of a group of companies of which at least one company is a quoted public company, or any other company having an annual turnover of not less than two hundred and fifty million rupees or net profit of not less than one hundred million rupees for that year, then, notwithstanding that a notice under this section has not been given to such quoted public company, other member company of the group, or other company,”;

in paragraph (a) of the proviso to subsection (2) of that section, by the substitution for the words “any quoted public company, in respect of”, of the words