The Finance (Miscellaneous Provisions) Act 2021 was gazetted on 5 August 2021, and it brings into force a number of amendments to the legislation in Mauritius.
Insight type: Legal Alert
The Finance Act 2021 Series – Key Legislative Amendments on Business Vehicles
The Finance (Miscellaneous Provisions) Act 2021 was gazetted on 05 August 2021 and it brings into force a number of amendments to the legislations in Mauritius.
ALN Kenya’s Business Process Automation Series, Part I: Driving Excellence in Legal Transaction Management with Legatics
ALN Kenya | Anjarwalla & Khanna routinely acts on large multi-jurisdictional infrastructure, finance and M&A transactions involving multiple parties and large amounts of documentation that require significant operational and organisational processes to share and manage, track critical issues and the status of outstanding requests, correspondences, and progress reports. This is a complex and high-risk undertaking.
The Finance Act (2021) Series – Key Legislative Amendments on Property Law
The Finance (Miscellaneous Provisions) Act 2021 was gazetted on 05 August 2021 and it brings into force a number of amendments to the legislations in Mauritius.
Are Power Purchase Agreements Set for Renegotiation?
Kenya’s President Uhuru Kenyatta has issued a statement on the presidential taskforce (the Taskforce) report with recommendations to review power purchase agreements (PPAs). The Taskforce was appointed in March this year to review the terms of PPAs entered into between various independent power producers and the Kenya Power and Lighting Company Limited (KPLC).
No Orders of Stay Granted on KRA Minimum Tax Appeal
The Court of Appeal has issued directions on the hearing of an appeal by the Kenya Revenue Authority (KRA) against the decision of the High Court of 20 September 2021, declaring minimum tax unconstitutional (the Judgment).
Pre-Pack Administrations in Kenya
Driven by the enactment of the Insolvency Act 2015, Kenya’s corporate insolvency and restructuring infrastructure has grown in leaps and bounds. The insolvency landscape in Kenya now includes a progressive approach to corporate financial distress with the introduction of administration as the primary business rescue process for companies undergoing financial hardship.
The Finance Act (2021) Series – Key Legislative Amendments on Regulatory and Compliance
The Finance (Miscellaneous Provisions) Act 2021 was gazetted on 05 August 2021 and brings into force several amendments to the legislation in Mauritius.
High Court of Kenya Declares Minimum Tax Unconstitutional
The High Court has declared minimum tax provisions unconstitutional and the minimum tax guidelines void.
US-Kenya FTA Impact Series: US Backs Push for Waiver of IP Rights for COVID-19 Vaccines at WTO
On 5 May 2021, the United States Trade Representative (USTR) announced that the United States (US) would be supporting a proposal at the World Trade Organisation (WTO) to waive intellectual property (IP) protections for COVID-19 vaccines. The proposal in question was tabled by India and South Africa on 2 October 2020. Essentially, these two countries have requested that the WTO allow member states to opt not to grant or enforce patents and other IP rights in COVID-19 health solutions, including vaccines.