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    <title>2024 (4) TMI 1352 - KARNATAKA HIGH COURT</title>
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    <description>Territorial jurisdiction under Section 482 CrPC was treated as depending on where the FIR was registered, not on where the alleged offence arose, so the High Court could entertain the petition because the CBI office that registered the FIR lay within its territory. On the Companies Act issues, alleged company fraud falling within Section 447 was held to fall within the special investigative scheme of Section 212, which gives primacy to SFIO investigation over parallel agency action in the same transaction. Because the matter had already been entrusted to the SFIO and was under its proceedings, the later CBI investigation was held impermissible; the separate Prevention of Corruption Act reference did not alter that result.</description>
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      <description>Territorial jurisdiction under Section 482 CrPC was treated as depending on where the FIR was registered, not on where the alleged offence arose, so the High Court could entertain the petition because the CBI office that registered the FIR lay within its territory. On the Companies Act issues, alleged company fraud falling within Section 447 was held to fall within the special investigative scheme of Section 212, which gives primacy to SFIO investigation over parallel agency action in the same transaction. Because the matter had already been entrusted to the SFIO and was under its proceedings, the later CBI investigation was held impermissible; the separate Prevention of Corruption Act reference did not alter that result.</description>
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