This is the second in a series of Mauritius Regulatory Alerts in which we bring you an overview of the latest legal and regulatory developments in the offshore world, with a particular focus on Mauritius.
In Mauritius, there are two main sources of law regarding cross border insolvency, pursuant to which the Mauritius court may recognise and give assistance to a foreign insolvency proceeding
The ISDA master agreement forms the backbone of a significant amount of over-the-counter derivative transactions.
MCB made an application for the appointment of a receiver manager under the Insolvency Act 2009 or alternatively, for an order under article 1961 of the Mauritian Civil Code...
Insolvency law in Mauritius is principally regulated by the Insolvency Act 2009, and it is supplemented by some provisions of the Companies Act 2001...