Amendment of section 132

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....aforesaid, having perpetual succession and a common seal, with power, subject to the provisions of this Act, to acquire, hold and dispose of property, both movable and immovable, and to contract, and shall, by the said name, sue or be sued."; (b) in sub-section (2), in clause (a), after the words "class of companies", the words "or bodies corporate" shall be inserted; (c) sub-sec....

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...."; (e) in sub-section (4),- (i) in clause (a), for the words "in such manner as may be prescribed", the words ", as may be prescribed, and in such manner as may be specified by regulations by the said Authority" shall be substituted; (ii) in clause (c),- (I) in the opening portion, after the words "have the power to make order for", the words "one or more of the....

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....er include such acts or omissions which constitute a contravention of the provisions of this Act, or the rules or regulations made thereunder, in so far as such provisions relate to matters within the jurisdiction, functions, or regulatory remit of the National Financial Reporting Authority.'; (f) after sub-section (4), the following sub-section shall be inserted, namely:- "(4A) ....

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....nty-five lakh rupees, if such person is a firm; and (b) be liable for debarment under sub-clause (B) of clause (c) of sub-section (4) for such further period as the National Financial Reporting Authority may consider appropriate."; (g) in sub-section (10), for the word "prescribed", the words "specified by regulations by the said Authority" shall be substituted; (h) in s....