Bilshan Nursimulu of 5 Fifteen Barristers considers the Mauritius-based disputes that can arise from offs…
Bilshan Nursimulu of 5 Fifteen Barristers considers the Mauritius-based disputes that can arise from offshore investments, particularly where debt is involved.
Mauritius is home to offshore companies with total assets that amounted to USD 582 billion as at 31 December 2019. Most of these assets are located outside of the jurisdiction. The Financial Services Commissions annual statistical bulletin shows that as at June 2020, about 43% of these companies outward direct investment was made in India, followed by the United Kingdom and Singapore (8% and 7% respectively), and a non-negligible 13% spread across 40 African countries. …
Read the full article at: https://iclg.com/cdr/litigation/16195-mauritius-roadmap-to-enforcing-claims-against-offshore-companies
