(i)

in sub-section (1), the words and figures “within the time specified under section 403” shall be omitted;

(ii)

in sub-section (2),—

(a) for the words and figures “under section 403 with additional fees”, the word “therein” shall be substituted;

(b) for the words "not be less than five lakh rupees ", the words "not be less than one lakh rupees " shall be substituted;

(c) for the words "one lakh rupees ", the words "fifty thousand rupees " shall be substituted;

(iii)

in sub-section (3),—

(a) clause (e) shall be omitted;

(b) in clause (g), in the proviso, the word “and” shall be omitted and the following proviso shall be inserted, namely:—