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    <description>Territorial jurisdiction under Article 226 to quash FIRs depends on where the substantial cause of action arose, and mere communication of SEBI-related material to Chennai was held insufficient when the alleged conspiracy and core events occurred in Kolkata. Because the offence-linked facts arose outside the High Court&#039;s jurisdiction, the writ petitions failed; the Court also declined to quash the FIRs or interrupt the ongoing investigation, noting that the complaints disclosed serious allegations requiring full inquiry.</description>
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