[Stock Fraud] Dispute Regarding Share Purchase Agreement Not Maintainable Before Commercial Court: Karnataka High Court

In a recent decision by the High Court of Karnataka, the Court provided clarity on the jurisdiction of the Commercial Courts under the Commercial Courts Act, 2015, specifically in the context of disputes arising from Share Purchase Agreements. The judgment highlighted the distinction between Shareholder Agreements and Share Purchase Agreements, determining which types of disputes fall under the Commercial Court's jurisdiction. Background of the Case The case involved Bhaskar Naidu,…