Ses.217 amendment

These rules may be called the Companies (Particulars of Employees) Amendment Rules, 2011. In the Companies (Particulars of Employees) Rules, 1975 (hereinafter referred to as the said rules), in rule lA, - (i) in clause (a), for the words "rupees twenty-four lakhs", the words "sixty lakh rupees" shall be substitutedi (ii) in clause (b), for the words "rupees two lakhs", the words "five lakh rupees" shall be substituted. 3. In the first proviso to rule 2 of the said rules, - (a) for the words "particulars of employees of companies", the words "particulars of Government Companies and companies" shall be substitutedi (b) for the words "rupees twenty four lakhs per financial year or rupees two lakhs per month", the words "sixty lakh rupees per financial year or five lakh rupees per month" shall be substituted.