Overview of the Regulation on Sale of Shares of the Government in Joint Venture Companies incorporated to Lease Lands, Islands and Lagoons for the Development of Tourist Resorts. Legal Apr 6, 2021 Overview of the Regulation on Sale of Shares of the Government in Joint Venture Companies incorporated to Lease Lands, Islands and Lagoons for the Development of Tourist Resorts. The Regulation highlights the process of the transaction of the sale of shares of the government in the joint venture companies, stipulating the requirements for the same including how the price of the shares are calculated.
Overview of Sixth Amendment to the Employment Act Legal Oct 12, 2020 Overview of Sixth Amendment to the Employment Act Significant changes have been brought to Law no. 2/2008 (Employment Act) (“EA”) by the recent sixth amendment to the EA (“Sixth Amendment”), which came into force on 22 September 2020.
Overview of Public Health Emergency Act Legal Oct 10, 2020 Overview of Public Health Emergency Act Law no. 20/2020 (Public Health Emergency Act) (the “Act”) came into force on 22 September 2020. The Act addresses various issues which have arisen due to the global Covid-19 pandemic and the state of public health emergency announced in the Maldives in relation to the same. The Act will remain in force for a period of 60 days, from the date on which a state of public health emergency announced relating to Covid-19 is lifted.
Ismail Masood v HDFC (2014/SC-A/27) & HDFC v Ismail Masood (2014/SC-A/30) Legal Sep 18, 2020 Ismail Masood v HDFC (2014/SC-A/27) & HDFC v Ismail Masood (2014/SC-A/30) The precedent set by the Supreme Court in the docket numbers 2014/SC-A/27 and 2014/SC-A/30 provides guidance on awarding compensation to employees where substantive fairness has been established at the time of dismissal, but procedural fairness has not been established.
Ibrahim Jihad v Housing Development Corporation Limited (2019/SC-L/91) Legal Sep 1, 2020 Ibrahim Jihad v Housing Development Corporation Limited (2019/SC-L/91) The Supreme Court's interpretation of s.43 of Law No. 22/2010, in the case is a significant step towards preventing abuse of the court process, which will hopefully aid aggrieved parties to get justice in a more expeditious manner, without having to go through appeal proceedings that are vexatious and frivolous.
MIRA announces new deadlines for tax submissions and payments Legal Jul 28, 2020 MIRA announces new deadlines for tax submissions and payments Following the relaxation of the lockdown measures in the Maldives, the Maldives Inland Revenue Authority (“MIRA”) has, pursuant to its announcement on 15 June 2020, resumed counter services from 5 July 2020 onwards. Below is a summary of the changes imposed via the announcement.
Overview of the Guideline for Restarting Tourism in Maldives Legal Jul 25, 2020 Overview of the Guideline for Restarting Tourism in Maldives The Ministry of Tourism (“MoT”) has published a guideline for restarting tourism in the Maldives, which outlines the essential standards which have to be met, by the stakeholders of the industry, in order to resume the operations of tourist facilities, as the borders of the country reopen. This overview provides a brief summary of the requirements laid down in the aforesaid guideline.
Overview of the Public Health Emergency Bill 2020 Legal Jun 22, 2020 Overview of the Public Health Emergency Bill 2020 The Government of Maldives has proposed a Public Health Emergency Bill to address various issues arising due to the global Covid-19 pandemic and the state of public health emergency announced in the Maldives in relation to the same. Once passed into law, it shall remain in force for a period of 60 days, from the date on which a state of public health emergency announced relating to Covid-19 is lifted. The Bill is currently at the parliamentary debate stage.