Chandhiok & Mahajan Advocates and Solicitors (formerly Chandhiok & Associates)
established in 2013, is the culmination of the belief of its founding partners of providing a
multi-disciplinary and solution-based approach to their client’s legal needs. Among one of the
fastest-growing firms in India, we are considered as a rising force by publications such as the
India Business Law Journal and the Legal Era.
Clariant Chemicals (India) Limited, incorporated in India and listed on the Bombay Stock Exchange, completed the sale of its entire additive and colour masterbatch business, by way of a slump sale, to PolyOne Polymers India Private Limited for a consideration of INR 4.2 billion (subject to normal adjustments) on July 01, 2020.
Chandhiok & Mahajan, Advocates and Solicitors, advised Clariant Chemicals (India) Limited on the slump sale transaction and assisted on various legal aspects pertaining to the slump sale.
Chandhiok & Mahajan was led by team of managing partner Pooja Mahajan, partner Kaushalya Venkataraman and associate Jagrat Rawal.
PolyOne Polymers India Private Limited was advised by AZB & Partners led by a team of partner Vivek Bajaj, senior associate Vydyanathan L and associate Kaavya Raghavan.
Disclaimer: The views expressed in the article above are those of the authors' and do not necessarily represent or reflect the views of this publishing house