Piercing the corporate veil in Mauritius: a comparative study with the United Kingdom

IF 1.3 Q1 LAW
Bhavna Mahadew
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引用次数: 0

Abstract

Purpose

The purpose of this paper is to bring clarity to the concept of piercing the veil of incorporation in Mauritius. This will allow students, researchers, academics and practitioners to engage further in research on the topic of incorporation of companies.

Design/methodology/approach

To conduct the study, the doctrinal legal research approach will be used. The inquiry will examine the numerous laws and case laws that permit the lifting of the corporate veil, so exposing the agents of the corporation to accountability on both a criminal and civil level. A comparison of Mauritius and the UK legal systems will be conducted to assess the efficacy of the former.

Findings

There are significant loopholes in the legislative framework of Mauritius regarding various corporate offences that are highly encouraged because of the limited circumstances under which courts may lift the corporate veil. There is a need for specific legislation to be enacted by Parliament to address these specific offences. Inspiration should be drawn from the UK’s robust legislative framework on the matter.

Originality/value

Literature on the subject in Mauritius deals mostly with factual information on the doctrine of separate legal personality and the various exceptions under which the veil of incorporation may be lifted. However, there is a scarcity of research on the various fraudulent activities and their implications on the company that go unnoticed and unpunished because of loopholes in the legal framework. This paper attempts to fill this important gap.

揭开毛里求斯的公司面纱:与联合王国的比较研究
本文的目的是澄清在毛里求斯揭开公司注册面纱的概念。这将使学生、研究人员、学者和从业人员能够进一步参与有关公司成立这一主题的研究。设计/方法/途径为开展本研究,将采用理论法律研究方法。调查将研究允许揭开公司面纱的众多法律和判例法,从而使公司代理人承担刑事和民事责任。调查结论毛里求斯的立法框架在各种公司犯罪方面存在重大漏洞,由于法院可揭开公司面纱的情况有限,因此非常鼓励这种犯罪。议会有必要颁布具体立法来处理这些具体罪行。原创性/价值毛里求斯有关该主题的文献主要涉及独立法人地位理论的事实信息以及可揭开公司面纱的各种例外情况。然而,由于法律框架存在漏洞,各种欺诈活动及其对公司的影响未被注意和惩罚,这方面的研究十分匮乏。本文试图填补这一重要空白。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
CiteScore
3.90
自引率
6.70%
发文量
13
期刊介绍: The International Journal of Law and Management is a leading journal addressing all aspects of regulation and law as they impact on organisational development, operations and leadership. Organisations and their leaders operate in an increasingly complex world of emerging regulation across national and international boundaries. The International Journal of Law and Management seeks to acknowledge the dynamics of that environment and provide a platform for articles and contributions to stimulate scholarly debate in the development of law and practice. The International Journal of Law and Management seeks to present the latest research on policy, practice and theoretical perspectives and their impact on the development and leadership of organisations. Contributions of a multi-disciplinary nature are welcome. Coverage includes, but is not limited to: -Employment and industrial law- Corporate governance and social responsibility- Intellectual property- Corporate law and finance- Insolvency- Commercial law and consumer protection- Environmental law- Taxation- Competition law- Regulatory theory
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