MINOO MEHTA vs SHAVAK D MEHTA

The Supreme Court addressed the jurisdiction of the Special Court under the Special Court (Trial of Offences Relating to Transactions in Securities) Act, 1992, in relation to a criminal complaint filed under Section 409 IPC for criminal breach of trust. The Court upheld the Special Court's jurisdiction to entertain the case, affirming that the proceedings were validly initiated. The ruling clarified the applicability of the Act in cases involving securities transactions and the responsibilities of the accused in handling the complainant's shares.