Amendment of section 149
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.... shall be inserted; (b) in sub-clause (ii),-- (i) in the opening portion, after the words "preceding the financial year", the words "or during the current financial year" shall be inserted; (ii) in item (A), for the words "company secretaries in practice", the words "secretarial auditors" shall be substituted; (iii) in item (B), for the words "amounting....
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....he may continue as an employee or proprietor or partner of the legal or consulting firm, in case the transaction of such legal or consulting firm with the company, its holding or subsidiary or associate company is less than ten per cent. or the lower per cent. referred to in the said item, of the gross turnover of such firm."; (c) the Explanation shall be numbered as Explanation 1 thereof....
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