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2008 (9) TMI 1000 - HC - FEMAExtract: ....... general principles as culled out in Ambica Industries and secondly by virtue of Section 35 of FEMA. 8. Writ Petition is rejected for the reason that this Court ought not to exercise jurisdiction on the ground of lack of territoriality. Liberty is granted to the Petitioner to approach the appropriate High Court. There shall be no order as to costs.
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