TMI BlogAmendment of section 9A.X X X X Extracts X X X X X X X X Extracts X X X X ..... y of the month of its establishment or incorporation, or at the end of such previous year, whichever is later shall be substituted; (ii) in clause (m), for the words the arm s length price of the said activity , the words the amount calculated in such manner as may be prescribed shall be substituted. - Clause 5 of the Bill seeks to amend section 9A of the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ill the condition of maintaining the corpus of one hundred crore rupees within a period of six months from the last day of the month of its establishment or incorporation, or at the end of such previous year, whichever is later. Further, clause ( m ) of said sub-section provides that the remuneration paid by the fund to an eligible fund manager in respect of fund management activity u ..... X X X X Extracts X X X X X X X X Extracts X X X X
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