Represented Tenneco Inc. on demerger of the Clean Air and Ride Performance business of Tenneco Clean Air India Pvt. Ltd.

Deals & Matters
1 May 2019

Tenneco Inc. has restructured its worldwide business into powertrain and ride performance and the same was replicated with respect to its entities in India.
Kochhar & Co. was involved in the preparation of the scheme of demerger and representing the client before the NCLT and subsequently in transition management relating to the ongoing global restructuring. In this regard, Kochhar & Co. represented the company in discussions with employees, third parties and regulatory authorities, all of which are sensitive and strategic.