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    <title>2007 (3) TMI 385 - HIGH COURT OF CALCUTTA</title>
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    <description>A writ of mandamus requires an enforceable legal right in the petitioner and a corresponding statutory duty on the respondent. A private complaint, without a clear statutory basis under the SEBI Act or the relevant disclosure guidelines, does not by itself oblige SEBI to investigate or decide the matter. Territorial jurisdiction also depends on a real nexus with the forum, including a demonstrated statutory function of the Kolkata Regional Office or filing of the offer documents there. On these principles, the petition was treated as not maintainable, with objections on locus standi, enforceable duty, and territorial jurisdiction sustained.</description>
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    <pubDate>Fri, 23 Mar 2007 00:00:00 +0530</pubDate>
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      <description>A writ of mandamus requires an enforceable legal right in the petitioner and a corresponding statutory duty on the respondent. A private complaint, without a clear statutory basis under the SEBI Act or the relevant disclosure guidelines, does not by itself oblige SEBI to investigate or decide the matter. Territorial jurisdiction also depends on a real nexus with the forum, including a demonstrated statutory function of the Kolkata Regional Office or filing of the offer documents there. On these principles, the petition was treated as not maintainable, with objections on locus standi, enforceable duty, and territorial jurisdiction sustained.</description>
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