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    <title>2016 (2) TMI 354 - GUJARAT HIGH COURT</title>
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    <description>The court sanctioned the Composite Scheme of Arrangement involving Amalgamation and Demerger, finding it in the interest of shareholders, creditors, and public interest. Compliance with SEBI regulations, stock exchange approvals, dispensation of meetings, preservation of books, compliance with FEMA and RBI guidelines, accounting treatment of reserves, and the Income Tax Department&#039;s stance were all addressed. The court directed the petitioners to pay specified costs and comply with procedural requirements.</description>
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