![[Masala Bonds Case] Kerala HC Criticizes KIIFB’s Thomas Isaac for Delaying ED Probe](https://i0.wp.com/lawchakra.in/wp-content/uploads/2024/07/image-27-4.png?resize=447%2C350&ssl=1)
Today, On 24th July, The Kerala High Court reserved its decision on petitions filed by the Kerala Infrastructure Investment Fund Board (KIIFB) and former State Finance Minister Dr. TM Thomas Isaac regarding the Enforcement Directorate’s (ED) summons in the masala bonds case. The court questioned the delay caused by challenging the summons and highlighted the need for compliance. This ongoing legal battle raises questions about jurisdiction and investigation procedures under the Foreign Exchange Management Act of 1999.
The Supreme Court issued notice today to K Babu, responding to a plea by CPI(M) leader M Swaraj challenging the election result of the 2021 Kerala Assembly polls. Swaraj alleges the use of religious symbols for votes by Babu, which the Kerala High Court rejected, citing lack of evidence. Babu is asked to respond to the plea.
