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

Jurisdiction: Mauritius
Citation: Government Notice 163 of 2020
Date: 23 July 2020
Language: English
Type: Legislation
Download: Download PDF (164.1 KB)

Mauritius

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

Government Notice 163 of 2020

Published in Government Gazette 91 on 23 July 2020
Assented to on 21 July 2020
Commenced on 23 July 2020
[This is the version of this document from 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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History of this document

23 July 2020 this version

Published in Government Gazette 91

Commenced

21 July 2020

Assented to