Bio
Sharmilla Bhima is a partner in the Corporate department in Mauritius. Prior to joining the firm in August 2007, she was a practising barrister in general private practice with exposure to both offshore commercial and litigation.
Sharmilla has specialised in international arbitration. She is a member of the Chartered Institute of Arbitrators UK and the International Council for Commercial Arbitration.
She is an arbitrator on both the (i) MARC Panel of Arbitrators of the Mauritius Chamber of Commerce and Industry (‘MARC’) and (ii) Mauritius International Arbitration Centre (‘MIAC’).
She regularly intervenes in webinars organised by the MARC to promote international arbitration.
She formed part of the team that was responsible for opening the former LCIA chapter in Mauritius on international arbitration when the LCIA set up the LCIA-MIAC international arbitration centre jointly with the Government of Mauritius in 2011, from which it officially withdrew as from 27 July 2018.
She is one of the contributing authors for Lexis Nexis, representing Appleby, on International Arbitration in relation to the Mauritian jurisdiction and remains active on matters relating to international arbitration. Sharmilla gained significant experience on arbitration in relation to insurance claims linked with road-accidents as a Vice-Chairman of the Motor Vehicle Insurance Arbitration Committee.
She has acquired expertise on intellectual property law and regularly advises on the protection of intellectual property. As Chairperson of the Industrial Property Tribunal she helped the Government of Mauritius adopt the Copyright Act 2014 and the Industrial Property Act 2019.
She has been actively involved in community service and (i) helped with the launch of the Appleby Legal Education Scholarship in Mauritius (ii) served as the President of The English-Speaking Union (Mauritius) from 2009 to 2011 and contributes to CPD courses in her areas of specialism to the Institute of Judicial Legal Studies (IJLS) of Mauritius and made presentations on these areas.
She is fluent in English and French and has a working knowledge of Hindi.
Bio
Sharmilla Bhima is a partner in the Corporate department in Mauritius. Prior to joining the firm in August 2007, she was a practising barrister in general private practice with exposure to both offshore commercial and litigation.
Sharmilla has specialised in international arbitration. She is a member of the Chartered Institute of Arbitrators UK and the International Council for Commercial Arbitration.
She is an arbitrator on both the (i) MARC Panel of Arbitrators of the Mauritius Chamber of Commerce and Industry (‘MARC’) and (ii) Mauritius International Arbitration Centre (‘MIAC’).
She regularly intervenes in webinars organised by the MARC to promote international arbitration.
She formed part of the team that was responsible for opening the former LCIA chapter in Mauritius on international arbitration when the LCIA set up the LCIA-MIAC international arbitration centre jointly with the Government of Mauritius in 2011, from which it officially withdrew as from 27 July 2018.
She is one of the contributing authors for Lexis Nexis, representing Appleby, on International Arbitration in relation to the Mauritian jurisdiction and remains active on matters relating to international arbitration. Sharmilla gained significant experience on arbitration in relation to insurance claims linked with road-accidents as a Vice-Chairman of the Motor Vehicle Insurance Arbitration Committee.
She has acquired expertise on intellectual property law and regularly advises on the protection of intellectual property. As Chairperson of the Industrial Property Tribunal she helped the Government of Mauritius adopt the Copyright Act 2014 and the Industrial Property Act 2019.
She has been actively involved in community service and (i) helped with the launch of the Appleby Legal Education Scholarship in Mauritius (ii) served as the President of The English-Speaking Union (Mauritius) from 2009 to 2011 and contributes to CPD courses in her areas of specialism to the Institute of Judicial Legal Studies (IJLS) of Mauritius and made presentations on these areas.
She is fluent in English and French and has a working knowledge of Hindi.
Work Highlights
Sharmilla is involved in transactional and undertook some non-transactional matters.
On the transactional side, she has worked on a number of transactions for financial institutions, private equity and hedge fund clients, credit restructuring, derivatives transactions, mergers and acquisitions, corporate, insolvency, fund and trust formation and disputes as well as employment law matters (both contentious and non-contentious), including Australia and New Zealand Banking Group Limited, Axis Bank Ltd, Bank of America, Banque Cantonale de Geneve, Barclays Bank PLC, BMCE Bank International, Citibank N.A., Citigroup, Commerzbank Aktiengesellschaft, Coutts & Co., Credit Suisse AG, Deutsche Bank AG, Electro Banque, Goldman Sachs, HSBC, ICICI, JP Morgan, Lloyds TSB Bank, Macquarie Bank Ltd, Morgan Stanley, National Australia Bank Limited, Royal Bank of Scotland, Société Générale, Stanbic Bank Ghana Ltd, Standard Chartered Bank, UBS AG, AlcatelLucent, The Daiichi Mutual Life Insurance Company, DAMAC Holdings Co, LLC, Dallah Albaraka (Ireland) Ltd, Gateway Telecommunications, Kerzner International Group, Interswitch, Johnson & Johnson and SAB Miller Plc.
Some recent examples of work include:
Corporate:
- The Emerging Africa Infrastructure Fund on a USD 294 million debt raise to further develop the African infrastructure, representing one of the largest blended capital raises emanating from a consortium of prominent financial institutions, comprising the Allianz Group, Standard Bank Group and KfW.
- M2P Solutions Private Limited, an Indian Fintech operating company, on the outsourcing of data under the Data Protection Act.
- Oversea-Chinese Banking Corporation Ltd on a secured USD 470,726,777 refinancing facility of to Singapore listed company, Ezion Holdings Limited (Ezion) focused on owning, chartering and the managing rigs and vessels within the oil and gas industries and is understood to own one of the largest and most sophisticated global fleet of liftboats.
- Selfkey in relation to its revolutionary digital identity token sale of USD 22 million. Selfkey is a blockchain-based digital identity solution that allows individuals and companies to own, control and manage their digital identity.
- Rockcastle Global Real Estate Company Limited in relation to the merger of its South African related fund with South African New Europe Property Limited (NEPI). To form the largest real estate company in Central and Eastern Europe and one of the largest European real estate retail companies.
On the non-transactional matters, Sharmilla appears in proceedings before the Supreme Court for clients which have ranged from leading financial institutions of which an Australian bank to leading foreign insurance companies. Her practice includes applications to enforce foreign judgments, derivative actions by minority shareholders and ship arrest, all of which are now leading authorities
Dispute Resolution:
Industrial law disputes – security for costs
Alexander Van Hoeken v Africa Technical Services Ltd: Appeared for Africa Technical Services Ltd before the Industrial Court of Mauritius in which the Industrial Court awarded an historic amount of MUR 100,000 [± USD 2,800] as security of costs for a labour law dispute.
Enforcement of Foreign Judgments
Dallah Albaraka (Ireland) Ltd v Pentasoft & anor: Appeared for Dallah Albaraka (Ireland) Ltd, the investment arm of the Dubai-based Dallah Albaraka Group, to successfully enforce a judgement obtained against the parent company of a Mauritian company before the Queen’s Bench Division of the High Court of Justice for breach of guarantee. This case is now a leading authority on the procedure to follow to enforce a judgment delivered by a superior court of England and Wales. It also addressed important issues such as, the legal significance of a party labelled as ‘CoRespondent’ in proceedings and, the status of legal practitioners employed by law firms registered under the Law Practitioner’s Act1984.
BayerHealthcare LLC v Suvaman: Appeared for BayerHealthcare LLC to successfully enforce a judgment that it obtained in the USA against a Mauritius company for breach of a federally protected trademark.
Applications for Derivative actions
- Appearing before the Court of Appeal for the majority shareholder of a Mauritian company, which challenged the decision of the Bankruptcy Division of the Supreme Court to grant leave to the minority shareholder to enter proceedings in the name of the company for alleged prejudice to it as a result of wrongdoings by the directors. The Court of Appeal upheld Appleby’s interpretation of legislation on the concurrence of two pieces of legislation dealing with the jurisdiction of the appellate jurisdiction of the Supreme Court.
Work Highlights
Sharmilla is involved in transactional and undertook some non-transactional matters.
On the transactional side, she has worked on a number of transactions for financial institutions, private equity and hedge fund clients, credit restructuring, derivatives transactions, mergers and acquisitions, corporate, insolvency, fund and trust formation and disputes as well as employment law matters (both contentious and non-contentious), including Australia and New Zealand Banking Group Limited, Axis Bank Ltd, Bank of America, Banque Cantonale de Geneve, Barclays Bank PLC, BMCE Bank International, Citibank N.A., Citigroup, Commerzbank Aktiengesellschaft, Coutts & Co., Credit Suisse AG, Deutsche Bank AG, Electro Banque, Goldman Sachs, HSBC, ICICI, JP Morgan, Lloyds TSB Bank, Macquarie Bank Ltd, Morgan Stanley, National Australia Bank Limited, Royal Bank of Scotland, Société Générale, Stanbic Bank Ghana Ltd, Standard Chartered Bank, UBS AG, AlcatelLucent, The Daiichi Mutual Life Insurance Company, DAMAC Holdings Co, LLC, Dallah Albaraka (Ireland) Ltd, Gateway Telecommunications, Kerzner International Group, Interswitch, Johnson & Johnson and SAB Miller Plc.
Some recent examples of work include:
Corporate:
- The Emerging Africa Infrastructure Fund on a USD 294 million debt raise to further develop the African infrastructure, representing one of the largest blended capital raises emanating from a consortium of prominent financial institutions, comprising the Allianz Group, Standard Bank Group and KfW.
- M2P Solutions Private Limited, an Indian Fintech operating company, on the outsourcing of data under the Data Protection Act.
- Oversea-Chinese Banking Corporation Ltd on a secured USD 470,726,777 refinancing facility of to Singapore listed company, Ezion Holdings Limited (Ezion) focused on owning, chartering and the managing rigs and vessels within the oil and gas industries and is understood to own one of the largest and most sophisticated global fleet of liftboats.
- Selfkey in relation to its revolutionary digital identity token sale of USD 22 million. Selfkey is a blockchain-based digital identity solution that allows individuals and companies to own, control and manage their digital identity.
- Rockcastle Global Real Estate Company Limited in relation to the merger of its South African related fund with South African New Europe Property Limited (NEPI). To form the largest real estate company in Central and Eastern Europe and one of the largest European real estate retail companies.
On the non-transactional matters, Sharmilla appears in proceedings before the Supreme Court for clients which have ranged from leading financial institutions of which an Australian bank to leading foreign insurance companies. Her practice includes applications to enforce foreign judgments, derivative actions by minority shareholders and ship arrest, all of which are now leading authorities
Dispute Resolution:
Industrial law disputes – security for costs
Alexander Van Hoeken v Africa Technical Services Ltd: Appeared for Africa Technical Services Ltd before the Industrial Court of Mauritius in which the Industrial Court awarded an historic amount of MUR 100,000 [± USD 2,800] as security of costs for a labour law dispute.
Enforcement of Foreign Judgments
Dallah Albaraka (Ireland) Ltd v Pentasoft & anor: Appeared for Dallah Albaraka (Ireland) Ltd, the investment arm of the Dubai-based Dallah Albaraka Group, to successfully enforce a judgement obtained against the parent company of a Mauritian company before the Queen’s Bench Division of the High Court of Justice for breach of guarantee. This case is now a leading authority on the procedure to follow to enforce a judgment delivered by a superior court of England and Wales. It also addressed important issues such as, the legal significance of a party labelled as ‘CoRespondent’ in proceedings and, the status of legal practitioners employed by law firms registered under the Law Practitioner’s Act1984.
BayerHealthcare LLC v Suvaman: Appeared for BayerHealthcare LLC to successfully enforce a judgment that it obtained in the USA against a Mauritius company for breach of a federally protected trademark.
Applications for Derivative actions
- Appearing before the Court of Appeal for the majority shareholder of a Mauritian company, which challenged the decision of the Bankruptcy Division of the Supreme Court to grant leave to the minority shareholder to enter proceedings in the name of the company for alleged prejudice to it as a result of wrongdoings by the directors. The Court of Appeal upheld Appleby’s interpretation of legislation on the concurrence of two pieces of legislation dealing with the jurisdiction of the appellate jurisdiction of the Supreme Court.
Recognition
Business Leaders (Business Magazine) : Business Leader in Mauritius in the 2017, 2018, 2019, 2020, 2021, 2022, 2023 and 2024 editions.
The Legal 500 (Legalese) (2021) & (2022) : ‘Sharmilla Bhima is Excellent’
Sharmilla Bhima has been excellent in her service delivery. She impressed me with her ability to appreciate both the legal and commercial aims of the client. She was proactive in guiding on aspects that we had not thought of, but which would have an impact on our transaction and timeline to closing. She was available to discuss and her turnaround time was commendable.’
Recognition
Business Leaders (Business Magazine) : Business Leader in Mauritius in the 2017, 2018, 2019, 2020, 2021, 2022, 2023 and 2024 editions.
The Legal 500 (Legalese) (2021) & (2022) : ‘Sharmilla Bhima is Excellent’
Sharmilla Bhima has been excellent in her service delivery. She impressed me with her ability to appreciate both the legal and commercial aims of the client. She was proactive in guiding on aspects that we had not thought of, but which would have an impact on our transaction and timeline to closing. She was available to discuss and her turnaround time was commendable.’
Coverage & Insights
- “Investing in Mauritius – Ocean of Opportunities”: contributed to a chapter on the protection of intellectual property law.
- “Doing Business in Mauritius – A Practical Guide” : contributed to a chapter on the protection of intellectual property law.
- “Doing Business in Mauritius – A Practical Guide” (3rd edition 2020): she provided a testimonial.
Coverage & Insights
- “Investing in Mauritius – Ocean of Opportunities”: contributed to a chapter on the protection of intellectual property law.
- “Doing Business in Mauritius – A Practical Guide” : contributed to a chapter on the protection of intellectual property law.
- “Doing Business in Mauritius – A Practical Guide” (3rd edition 2020): she provided a testimonial.
Qualifications & Education
Pupillage: Thomas More Chambers, London (England)
Called to the English Bar: Honourable Society of Lincoln’s Inn (July 1998).
Called to the Mauritian Bar: (September 1999)
She has specialised in international arbitration with Queen Mary University of London and the World Intellectual Property Organisation and has an interest in Blockchain and FinTech and the emerging technologies.
- Said Business School, University of Oxford (England)
- Queen Mary University of London (England)
- World Intellectual Property Organisation (WIPO) (Switzerland)
- BPP Law School, London (England)
- The University of Reading (England)
Qualifications & Education
Pupillage: Thomas More Chambers, London (England)
Called to the English Bar: Honourable Society of Lincoln’s Inn (July 1998).
Called to the Mauritian Bar: (September 1999)
She has specialised in international arbitration with Queen Mary University of London and the World Intellectual Property Organisation and has an interest in Blockchain and FinTech and the emerging technologies.
- Said Business School, University of Oxford (England)
- Queen Mary University of London (England)
- World Intellectual Property Organisation (WIPO) (Switzerland)
- BPP Law School, London (England)
- The University of Reading (England)
Memberships & Associations
Sharmilla is a member of the following institutions:
- The American Chamber of Commerce, Mauritius;
- The Honourable Society of Lincoln’s Inn, UK and currently serves as the Vice-President of the Alumni branch of Lincoln’s Inn in Mauritius; and
- The Mauritius Bar Association for which she also served as a co-opted member of the Mauritius Bar Council 2007-2008.
Memberships & Associations
Sharmilla is a member of the following institutions:
- The American Chamber of Commerce, Mauritius;
- The Honourable Society of Lincoln’s Inn, UK and currently serves as the Vice-President of the Alumni branch of Lincoln’s Inn in Mauritius; and
- The Mauritius Bar Association for which she also served as a co-opted member of the Mauritius Bar Council 2007-2008.