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    <title>2016 (11) TMI 28 - GUJARAT HIGH COURT</title>
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    <description>The court sanctioned the scheme of arrangement between two companies under Sections 391 to 394 of the Companies Act, 1956 and Companies Act, 2013. The scheme aimed at consolidating management focus, creating enhanced value for shareholders and stakeholders, and facilitating business integration. After addressing all concerns and confirming compliance with regulatory standards, the court found the scheme fair, reasonable, and in the interest of all parties involved. The scheme was approved, binding relevant parties and authorities, with directions issued for compliance and necessary filings.</description>
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