The Bad PlaceTimes of India | Kerala high court reserves order on CMRL plea against ED probe linked to Pinarayi Vijayan's daughter Veena's firm
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The Kerala High Court on Monday set aside its decision on the CMRL case for a Friday hearing, after Cochin Minerals and Rutile Ltd (CMRL) appealed a single‑bench order that had permitted the Enforcement Directorate (ED) to continue its investigation into alleged payments made by the company to Veena T’s firm – the daughter of former chief minister Pinarayi Vijayan. The court instructed the ED to keep the status‑quo on the proceedings against CMRL and its officials until the Friday hearing. The probe stems from a tax‑board report that CMRL paid about ₹1.72 crore to Veena’s company between the 2017‑18 and 2019‑20 assessment years, payments that were deemed not to qualify as business expenses. CMRL contended that the ED lacked jurisdiction because no complaint or FIR relating to a scheduled offence under the PMLA had been filed, but the single bench rejected this argument as premature, noting that the summons merely required appearance, statements and document production. In its appeal, CMRL argued that the investigation began before any scheduled offence was recorded and without identifying proceeds of crime, while the Additional Solicitor General countered that the summons were intended to gather material for possible PMLA proceedings and therefore could not be quashed.
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Kerala high court reserves order on CMRL plea against ED probe linked to Pinarayi Vijayan's daughter Veena's firm
KOCHI: Kerala high court on Monday reserved for Friday its order in an appeal filed by Cochin Minerals and Rutile Ltd (CMRL) challenging a Single Bench order that allowed the Enforcement Directorate (ED) to proceed with its probe into the alleged transactions between the company and Exalogic Solutions, a firm owned by Veena T, daughter of former chief minister Pinarayi Vijayan.