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<h1>High Court Halts FIR Against Ex-SEBI Chairperson in 1994 Stock Fraud Case, Cites Lack of Detailed Examination.</h1> The Bombay High Court has temporarily stayed a special court order directing the filing of an FIR against a former Securities and Exchange Board of India (SEBI) chairperson and five others, citing the order was issued without detailed examination or specific accusations. The order, related to alleged stock market fraud and regulatory violations from 1994, was challenged by the accused, who argued it was illegal and arbitrary. The High Court has granted the complainant four weeks to respond to the petitions, which seek to quash the special court's directive for an Anti-Corruption Bureau investigation.