Examples of Mauritius Companies Act in a sentence
The Mauritius Companies Act does not permit the Company to make any payment in whatever form to purchase its own Shares where there are reasonable grounds for believing that the Company is, or would after the payment, be unable to satisfy the Solvency Test.
Under the Mauritius Companies Act, the Company shall not make any payment in whatever form to purchase its Shares where there are reasonable grounds for believing that the Company is, or would after the payment, be unable to satisfy the Solvency Test.
The Directors may impose such terms and conditions which are not inconsistent with the Share Purchase Mandate, the Mauritius Companies Act, the Constitution of the Company (“Constitution”), the Companies Act, Cap.
In terms of the Mauritius Companies Act 2001, as amended, the Company is not required to have an authorised share capital.
The Board meetings are conducted in accordance with the Company’s Constitution and the Mauritius Companies Act 2001 and are convened by giving appropriate notice to Directors.
The Company was incorporated in the Republic of Mauritius under the Mauritius Companies Act 2001 on 21 August 2014 as a private company with liability limited by shares.
The separate financial statements have been prepared in accordance with International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (IASB) and the Mauritius Companies Act for the purpose of filing with the tax authorities and Financial Services Commission.
In line with sound management principle, dividend declaration is subject to positive results and solvency test as defined by the Mauritius Companies Act 2001.
On 25 February 2019,Integrated (Mauritius) Healthcare Holdings Limited, an indirect wholly-owned subsidiary of IHH, was struck off from the Register of Companies pursuant to Section 308 of the Mauritius Companies Act 2001.The above changes in the composition of the Group are not expected to have material effect on the earnings and net assets of the Group.
On 25 February 2019, Integrated (Mauritius) Healthcare Holdings Limited was struck off from the Register of Companies pursuant to Section 308 of the Mauritius Companies Act 2001.