https://www.taxtmi.com/article/detailed?id=15386 A Share Purchase Agreement governs sale and purchase of shares and requires compliance with Section 56 formalities and the company's Articles; it should specify parties, shares, price, representations and warranties, conditions precedent, indemnities, interim management obligations, and a dispute resolution mechanism. SPAs provide contractual remedies, clarity for transfers and due diligence protections. Case law confirms enforceability of pre emption stipulations, distinguishes SPA disputes from exclusive commercial court jurisdiction, and upholds arbitration clauses in SPAs, directing contractual disputes including assignment and arbitrability to arbitrators where agreed. en-us Wed, 12 Nov 2025 08:18:46 +0530 Wed, 12 Nov 2025 08:18:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=15386 A Share Purchase Agreement governs sale and purchase of shares and requires compliance with Section 56 formalities and the company's Articles; it should specify parties, shares, price, representations and warranties, conditions precedent, indemnities, interim management obligations, and a dispute resolution mechanism. SPAs provide contractual remedies, clarity for transfers and due diligence protections. Case law confirms enforceability of pre emption stipulations, distinguishes SPA disputes from exclusive commercial court jurisdiction, and upholds arbitration clauses in SPAs, directing contractual disputes including assignment and arbitrability to arbitrators where agreed. Articles Corporate Laws / IBC / SEBI Wed, 12 Nov 2025 08:18:46 +0530 https://www.taxtmi.com/article/detailed?id=15386