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Farzanah Nawool is a partner within the Corporate and Dispute Resolution department in Mauritius. She joined Appleby in November 2010 as an Attorney-at-Law.

She practises in the areas of corporate and commercial laws and has extensive experience in advising corporations, financial institutions and other entities. She specialises in securities offerings, capital markets, restructuring and insolvency as well as a range of corporate advisory and corporate finance transactions.

Work Highlights

In multiple structured deals such as:


  • the issuance of USD 475 million, 6% senior secured bonds issued by Mauritius-based Neerg Energy Ltd and its investment in masala bonds issued by subsidiaries of Indian renewable energy company ReNew Power Ventures Private Limited, for the purpose of providing financing for renewable projects that will generate and provide clean power in a sustainable manner by optimizing the use of clean energy resources, thereby supporting the communities in need of a clean energy environment;
  • the issuance of USD 325 million 5.375 % secured notes due 2024 issued by Mauritius-based India Green Energy Holdings;
  • the issuance of USD 460 million 4.0% secured notes due 2027 issued by Mauritius-based India Green Power Holdings fort the purpose of financing for renewable power projects that will generate and provide clean power in India in a sustainable manner and support the communities where its projects are located;
  • the issuance of USD 400 million 4.5% senior secured notes due 2027 issued by Mauritius-based India Clean Energy Holdings in order to finance operations of renewable energy sector projects in India;
  • the offering by Mauritian-based Network i2i Limited of:
    – USD 750,000,000 subordinated perpetual securities to be used for refinancing, investments in subsidiaries and general corporate purpose;
    – USD 250,000,000 principal amount of 5.65% subordinated perpetual securities to be consolidated and forming a single series with the USD 750,000,000 aggregate principal amount of 5.65% subordinated perpetual securities issued in October 2019; and
    – USD 500,000,000 3.975% subordinated perpetual securities to be used for capital expenditure, repayment of existing indebtedness, including shareholder loans, amongst others.
  • In an internal restructuring, with respect to the voluntary winding up of three Mauritian entities.
  • NASDAQ listed MakeMyTrip Limited, a public company incorporated under the laws of Mauritius, in connection with Naspers exchange of its interest in MakeMyTrip for a 5.6% stake in Ctrip.com International Limited, a well-known provider of online travel and related services headquartered in China.
  • An Indian-based entity in the listing of its INR denominated USD settled notes (also commonly known as masala bonds) aggregating to INR 5.02 billion (USD75 million equivalent in INR) on the Stock Exchange of Mauritius.
  • A French electric utility company on the creation of security on assets situate in Mauritius, in relation to a Euro 200m trade claim.
  • A major network communications service provider in connection with USD1.155 billion facilities for the construction and launching of new satellites.
  • A South African fund manager in relation to the structuring and establishment of a Mauritian closed-end fund Pan African Infrastructure Fund 2 with each investor making a capital commitment of no less than USD5,000,000 and the maximum total capital commitments being USD1,200,000,000. The Fund’s objective is to realise superior financial returns through income from, and capital appreciation of, infrastructure investments made in portfolio companies across the African continent and the Fund will focus on the energy, transportation, water and sanitation and ICT sectors as well as making investments in the health sector, resources and general private equity transactions.

Dispute Resolution

  • Representing the Petitioner in a winding-up petition against a Mauritian company before the Bankruptcy Division of the Supreme Court.
  • Representing a Mauritian company in an application by the Honourable Attorney General on the request of the Court of Special judge, New Delhi in connection with an investigation being conducted by the Central Bureau of Investigation, New Delhi into offences of criminal conspiracy and criminal misconduct alleged of having been committed by unidentified private persons and companies. The Mauritian company was one of the parties ordered by the Supreme Court of Mauritius to produce certain documents in relation to the purchase of shares of an Indian company.
  • Acting for a Mauritian company in an appeal before the Assessment Review Committee objecting against an assessment by the Mauritius Revenue Authority.
  • Representing a Singapore company before the Supreme Court of Mauritius, Commercial Division in a claim of USD19.1 million for breach of obligations under an aircraft brokerage agreement.
  • Advising a Mauritian trust in its capacity as majority shareholder in a dispute against a minority shareholder following various issues raised by the minority shareholder and also a Luxembourg entity in enforcing a Luxembourg judgment in Mauritius.


IFLR 2017

“The Lawyer was very dedicated to her work, very hardworking and had complete knowledge about the issue.”

Coverage & Insights

India Business Law Journal

In a report published by India Business Law Journal in 2020, Seher Ali, General Manager of Legal at Bharti Enterprises, praises Malcolm Moller, Group Managing Partner, and Farzanah Nawool, Partner, for being professional, effective and likeable. The report highlights the office’s understanding of key offshore legal, regulatory and commercial environments, which has earned it roles on a slew of high-profile deals including Bharti Airtel’s perpetual bond issue through its subsidiary Network i2i to raise funds worth up to US$250 million.

“I have worked with their team on several transactions and each time I have been very pleased with their level of communication and responsiveness,” Ali said.

Qualifications & Education

Farzanah graduated from the University of Mauritius with an LLB (Honours). She completed her Vocational Examinations at the Council of Legal Education, Mauritius in November 2008.

  • Council of Legal Education (Mauritius)
  • University of Mauritius (Mauritius)

She speaks fluently English and French.

Memberships & Associations

She has been a member of the Law Society of Mauritius since January 2010.



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