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High Court rejects petition of Kerala govt seeking permission to withdraw Assembly ruckus case ANI | Updated: Mar 12, 2021 17:22 IST
Kochi (Kerala) [India], March 12 (ANI): Kerala High Court rejected a petition of the state government seeking permission to withdraw the Kerala Assembly ruckus case in March 2015. The bench of Justice VG Arun made it clear that those involved in the case including ministers KT Jaleel and EP Jayarajan will have to face the trial.
The case pertains to a protest by the then opposition MLAs, now the ruling party, who had barged into the Speaker s podium and destroyed computers and chairs.
The then opposition, LDF, had created a ruckus trying to stop the speech of the then Kerala Finance Minister KM Mani of the UDF govt, who they alleged had taken a bribe for granting bar licences.
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The ED had served a notice to Vikramjit Singh to appear for interrogation as part of a probe into violation of the Foreign Exchange Management Act by KIIFB by raising the Masala bonds.
No violation of Foreign Exchange Act at KIIFB, says Kerala Finance Minister ANI | Updated: Mar 04, 2021 06:41 IST
Kochi (Kerala) [India], March 4 (ANI): Kerala Finance MinisterThomas Isaac on Wednesday said that there was no violation of the Foreign Exchange Management Act (FEMA) in alleged case of external borrowings of Kerala Infrastructure Investment Fund Board (KIIFB) through Masala Bonds. There is absolutely no violation of FEMA as we have received No Objection Certificate (NOC) from Reserve Bank of India (RBI), said Thomas Isaac while speaking to ANI.
The Finance Minister further said: There is a guideline that authorizes any body corporate to seek their permission to borrow through Masala bonds. KIIFB is body corporate.