Amendment status not verified — confirm the current text below against the official source.
Amendment of section 55.- In the Principal Act, in section 55, in sub-section (2) after clause (e) the following clause shall be inserted, namely:- “(f) If he/she fails to submit every financial year the declaration of assets and liabilities of his/her and his/her family. Explanation:- For the purpose of this clause “family” means “Director and his/her Spouse, Unmarried Daughter and Undivided Son.”