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Shardul Amarchand Mangaldas & Co

Work +91 22 4933 5555
Ahmedabad, Bangalore, Chennai, Gurugram, Kolkata, Mumbai and 1 more

Akshay Chudasama

Work + 91 98210 38898
Shardul Amarchand Mangaldas & Co

Work Department

M&A, Private Equity and General Corporate Commercial


Mr. Akshay Chudasama is the Managing Partner at Shardul Amarchand Mangaldas and heads the Firm’s practice in the Mumbai region. He has advised on various marquee transactions including one of the largest PE acquisitions of a strategic stake in PRL Developers Private Limited by Warburg Pincus; Blackstone’s acquisition of a stake in the commercial/ office space real estate portfolio of the K Raheja Corp Group, India; an American insurance company in their acquisition of an additional 23% equity stake in their joint venture from their Indian partner; Sumitomo Chemical Company in their purchase of a 44.98% stake in Excel Crop Care Limited from the promoters and certain public shareholders, the acquisition of 9 project companies of the Gammon group by BIF India Holdings Pte. Ltd, amongst many more.

Akshay has been recognized in the “A” list of India’s top 100 lawyers by India Business Law Journal, 2017 & 2018. He has also been recognized amongst the “market-leading lawyers” in Construction and Real Estate, IT, Telco and Media lawyer in Asialaw Profiles, 2019 and was recognized as an Outstanding Lawyer by Asialaw Profiles 2017. Akshay has also been recognized as one of the 75 “Who’s Who Legal: Thought Leaders – India 2019 in India. He has been rated as a “Leading Lawyer” by IFLR in 2017 and as “Highly Regarded” leading lawyer in 2018. He has been described as “cross border M&A specialist” & “a highly recommended corporate lawyer” in Asia Pacific Legal 500 2016, 2017 and has consistently been listed as “recommended” / “leading individual” in Corporate / M&A / Real Estate / Telecom / Media & IT category by Asia Pacific Legal 500, PLC’s Which Lawyer?/ Merger & Acquisition Guide and Chambers & Partners. Chambers & Partners states that, Clients praised “smart and efficient” Akshay Chudasama as a “fantastic deal maker – he understands the Real Estate Funds sector and anticipates the issues a foreign investors will face”, in 2018 they further added saying he has a “notable cross-border expertise”, the guide further states that “Akshay offers high quality and is responsive on transactions”. The Chambers guide, 2019 has distinguished Akshay as “highly sought after by both international and domestic clients. He advises on investment and exits across a wide range of industries and is especially praised for his expertise in the real estate and technology sectors.   Others enthused: “He thinks quickly when there is a deadlock and is able to structure a creative solution to make a transaction move forward.” He has ‘won client recommendations for his legal and business acumen, as well as his great empathy and friendliness’. He has also been ‘recommended for his expertise in the media sector, particularly involving M&A and joint venture agreements.’ RSG Consulting Report, 2017 has recommended Akshay for Negotiations. He has been described as an ‘excellent lawyer to have by your side’. He is ‘effective in solving complex issues’. He deals with negotiations with the ‘requisite diplomacy and sophistication’.


Akshay has been practicing law since 1994. Akshay was a Partner at AZB & Partners for over 3 years and thereafter at J. Sagar Associates (JSA) for almost 10 years.


English, Hindi


Bar Council of Maharashtra & Goa, Bombay Bar Association, International Bar Association, Inter - Pacific Bar Association, Entrepreneurs Organisation, Law Society (England & Wales), American Bar Association (Associate Member).


LLB from London School of Economics, University of London (1994), and B.A. (Economics) from University of Bombay


Corporate and M&A

Within: Corporate and M&A

Shardul Amarchand Mangaldas & Co has established expertise across the range of domestic and cross-border transactions, and draws upon the firm’s strength in tax, competition, employment, and policy practices when handling high-value M&A deals. The client base includes corporations from the real estate, media, oil and gas, manufacturing, financial services, and power sectors, to name a few. Chairman Shardul Shroff is highly regarded for his experience in joint ventures, strategic alliances, and takeovers.  Akshay Chudasama and Gunjan Shah are also key names in the team.

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Real estate and construction

Within: Real estate and construction

The 'professional and time-tested' real estate team at Shardul Amarchand Mangaldas & Co is noted for offering 'good response times, business acumen, industry knowledge and value for money'. The practice, which is jointly led by Delhi-based Mrinal Kumar and Akshay Chudasama in Mumbai, advised Mangalam Multiplex Private on agreements with Birla Estates for a joint development of a group housing project in Gurugram. The team also acted for Piramal Fund Management on two transactions for the issue of non-convertible debentures by Lodha Developers Private. Aarthi Lakshminarayanan – praised for her 'apt advice based on legal prepositions' – is another key name to note, particularly for title examination and RERA disputes.

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