Iqbal Rajahbalee

Iqbal Rajahbalee is the leading partner of BLC Chambers and is specialised in the practice area of Banking and Finance, Litigation and Dispute Resolution, PPP and Regulatory. He is a senior counsel with over 30 years of practice at the Bar of Mauritius advising on a number of diverse cross-border finance transactions, including asset financing and investment funds both for the public and private sector.

He is the founder of the offshore industry in Mauritius and served as the first Executive Director of the Mauritius Offshore Business Activities Authority (MOBAA). He was appointed as the first Chief Executive of the Financial Services Commission of Mauritius, the regulatory body of the non-banking finance industry. He has acted as Mauritius counsel in setting up a number of global investment funds and advised a number of multinationals. In addition, Iqbal Rajahbalee served for more than ten years at the Attorney General‘s Office, Ministry of Justice rising to the position of Assistant Solicitor General. He is often called upon by the government to advise on financial law matters and has drafted numerous pieces of legislation in Mauritius including the Securities Act, the Financial Services Development Act and the Insurance Act.

Iqbal Rajahbalee has led several Government delegations on a wide range of issues from international territorial disputes to taxation, and has sat on a number of government appointed committees. Iqbal is a Masters of Law graduate from the London School of Economics.

In respect of Real Estate and construction work, Iqbal Rajahbalee has been the legal advisor of a number of real estate developments of all kinds including residential, commercial and hospitality. Iqbal Rajahbalee has also represented some major domestic contractors in arbitration and litigation proceedings with regard to construction disputes.
Chambers Global has ranked Iqbal first in Mauritius, detailing that, ‘he knows this business outstandingly well’ and is a “sensible choice for large corporate transactions.” The Guide states that “Observers credit this ‘tremendous track record’ as one of the reasons why he is held in such high esteem by clients.”