Mauritius

Insolvency (Extension of Time during COVID-19 Period) Regulations 2020

Government Notice 163 of 2020

  • Published in Government Gazette no. 91 on 23 July 2020

  • Assented to on 21 July 2020
  • Commenced on 23 July 2020

  • [Up to date as at 23 July 2020]


Regulations made by the Minister under section 411(1)(a) of the Insolvency Act

1.These regulations may be cited as the Insolvency (Extension of Time during COVID-19 Period) Regulations 2020.2.In these regulations—"Act" means the Insolvency Act;"COVID-19 period" means the period starting on 23 March 2020 and ending on 1 June 2020.3.Notwithstanding—(a)section 214(3)(b) of the Act, where, under section 237(2) of the Act, the time period for convening a watershed meeting expired, or fell wholly or partly, during—(i)the COVID-19 period; or(ii)a period of 30 days after the COVID-19 period has lapsed,the administrator may, notwithstanding section 237(2) of the Act, convene the watershed meeting not later than 17 August 2020;(b)section 214(3)(e) of the Act where, under section 261(2) of the Act, the deadline for the execution of a proposed deed of company arrangement expired, or fell wholly or partly, during—(i)the COVID-19 period; or(ii)a period of 30 days after the COVID-19 period has lapsed,the deed administrator may, notwithstanding section 261(2) of the Act, execute the deed not later than 7 September 2020.Made by the Minister on the 21 July 2020.

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