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    <title>2008 (12) TMI 852 - GUJARAT HIGH COURT</title>
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    <description>The HC dismissed the public interest litigation challenging the Government of Gujarat&#039;s decision to disinvest its equity shares in AEC to Torrent Group. The court found no illegality, arbitrariness, or violation of Article 14, confirming compliance with SEBI regulations. The decision was deemed lawful, transparent, and in the public interest, thus rejecting the petitioner&#039;s claims. The related civil application was also dismissed.</description>
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      <description>The HC dismissed the public interest litigation challenging the Government of Gujarat&#039;s decision to disinvest its equity shares in AEC to Torrent Group. The court found no illegality, arbitrariness, or violation of Article 14, confirming compliance with SEBI regulations. The decision was deemed lawful, transparent, and in the public interest, thus rejecting the petitioner&#039;s claims. The related civil application was also dismissed.</description>
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