December 19, 2025

Kerala HC stays further proceedings on ED notice to CM Vijayan, others

By Pioneer News Service

The Kerala High Court on Thursday stayed for three months any proceedings pursuant to the show cause notice issued to Chief Minister Pinarayi Vijayan by the ED in connection with the KIIFB Masala Bonds issue.

Justice VG Arun also extended the same interim relief to former State Finance Minister Thomas Isaac and Vijayan’s Chief Principal Secretary and KIIFB CEO KM Abraham. The order came on the joint plea moved by Vijayan, Isaac and Abraham seeking quashing of the Enforcement Directorate (ED) show cause notices issued to them in November in connection with the use of the Masala Bond funds by the Kerala Infrastructure Investment Fund Board (KIIFB) for the acquisition of land for infrastructure projects.

The ED had in November, issued a Rs 467 crore FEMA contravention show cause notice to Vijayan, Isaac, and Abraham in the KIIFB Masala Bond case.

The notice pertains to the alleged contravention of FEMA provisions and the RBI master direction by KIIFB and its authorities, amounting to Rs 466.91 crore.

0 Comments

Kerala HC stays further proceedings on ED notice to CM Vijayan, others

Leave a Comment

Asian Games golf: Pranavi Urs leads by three, eyes women’s gold

India’s Oscar entry ‘Gondhal’ announces preview screenings from October 9

Hyderabad leads metro hiring growth as India’s white-collar jobs rise 2%

Amazon expands ultra-fast delivery service to more than 120 Indian cities

ECI orders special drive to enrol eligible voters whose names were left out during SIR

Mithi river desilting 'scam': Actor Dino Morea appears before Mumbai Police to record statement

'SP, Congress ki Lanka jalaoge': UP minister Rajbhar's remarks to govt officials spark row

SC asks media to practise responsible, empathetic journalism while reporting sexual offences

Chandrasekaran Announces Exit as Tata Sons Chairman

Related News

Congo's Ebola outbreak records more than 4,000 deaths as authorities struggle to contain virus

From birthplace to Kirti Mandir memorial: Two adjoining spaces telling Gandhi’s story

Flash floods in Jammu & Kashmir bury machinery at Kwar Hydroelectric Project, blocks Highway

PM Modi pays tribute to Syama Prasad Mookerjee on 125th Birth Anniversary

ECI announces Rajya Sabha Bypolls for 3 West Bengal seats on July 24

TN officials use Hindi on highway signboard, govt suspends them

Seven TTP militants killed in Pakistan’s North Waziristan operation

Married woman, 46, her 27-year-old partner found hanging in UP's Bahraich hotel

Two more arrested in Pradeep Purnekar murder case, police probe deepens in Thane