The Financial Services Commission has released a communique on the 21 July 2020 to inform the public that an exemption from the requirements of rule

In the Mauritian landscape, one of the most significant hurdles to a successful deal is obtaining shareholder approval for “Major Transactions.” Failure to secure this mandate can trigger a cascade of legal challenges, financial liabilities, and reputational fallout.

The Full Bench of the Supreme Court has delivered a judgment on how companies should be represented before courts in Mauritius.

A quick analysis of the law shows that a company may but does not need to have a constitution.

First published in October 2003, the National Code of Corporate Governance for Mauritius ("the Code") was revised in 2016 to align it with new laws and guidelines in Mauritius, . . .

The role of the chairman is critical to good governance and to effective performance, but the law does not describe the role other than being the person who chairs board meetings.

The duties of directors in relation to companies in Mauritius are laid out under the Companies Act 2001 (‘Companies Act') and more specifically...

In the case of Heeraman v. Cherval & ors [2023 SCJ 513], the Applicant complained that as a minority shareholder he was prejudiced by the acts and doings of the Respondents...

The general principle under section 129 (1) of the Companies Act (the "Act") is that the business and affairs of the company shall be managed by, or under the supervision of, the Board.

Following the announcement made in the Budget Speech 2016, the Finance (Miscellaneous Provisions) Act 2016 was enacted.

Due to the global Coronavirus (COVID-19) pandemic and its effects on the Mauritian economy, on 15 May 2020, the Government of Mauritius enacted the COVID-19 (Miscellaneous Provisions)...

Generally, when there is a wrongdoing committed against a company, it is the company itself which acts. The decision to initiate proceedings rests with the directors and not the shareholders.

In this modern day and age, it is no more common practice to remain in a fixed place of work for a lifetime.

The corporations are also provided with narrative reports which propose wording to include in their annual reports.

On 4 June 2020 the Mauritius Minister of Finance, Economic Planning and Development tabled the National Budget for the fiscal year 2020-2021 under the theme "Our New Normal: The Economy of Life".

Comme cela a été souligné dans l'un des derniers bulletins d'informations de DLA Piper sur le M&A in Africa, les transactions liées aux fusions et acquisitions (Mergers & Acquisitions, M&A)..

This Q&A on the Mergers & Acquisitions (M&A) laws and regulations applicable in Mauritius provides an overview of the main themes and issues impacting M&A activity in the jurisdiction.