The Kerala High Court has extended up to January 13 the stay on the show cause notice that the Directorate of Enforcement (ED) issued to the Kerala Infrastructure Investment Fund Board (KIIFB) on the masala bonds issue. This was after the State government sought more time to file its affidavit on the alleged Foreign Exchange Management Act (FEMA) violations in issuing the masala bonds. A Division Bench of the High Court had on December 20 reserved its judgment on an appeal filed by the ED against a three-month interim stay issued by a single judge on a notice issued by the ED to the KIIFB on the utilisation of funds raised through masala bonds. The ED had initiated proceedings against KIIFB and issued notice under FEMA. Published – January 05, 2026 09:02 pm IST Share this: Click to share on WhatsApp (Opens in new window) WhatsApp Click to share on Facebook (Opens in new window) Facebook Click to share on Threads (Opens in new window) Threads Click to share on X (Opens in new window) X Click to share on Telegram (Opens in new window) Telegram Click to share on LinkedIn (Opens in new window) LinkedIn Click to share on Pinterest (Opens in new window) Pinterest Click to email a link to a friend (Opens in new window) Email More Click to print (Opens in new window) Print Click to share on Reddit (Opens in new window) Reddit Click to share on Tumblr (Opens in new window) Tumblr Click to share on Pocket (Opens in new window) Pocket Click to share on Mastodon (Opens in new window) Mastodon Click to share on Nextdoor (Opens in new window) Nextdoor Click to share on Bluesky (Opens in new window) Bluesky Like this:Like Loading... Post navigation TTD to revamp Kalyana Mandapams, digitise sacred jewellery records ADGP chairs review meeting on Law and Order in Cuddalore