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Opposition Leader alleges tacit understanding between CPM and BJP.
SFIO has taken up a probe into transactions from 2016 to 2022 when Exalogic was dissolved.
In his 46-page judgment, Justice M Nagaprasanna also stated the importance of such investigations in addressing financial crimes that pose risks to the economy.
The Congress leader also claimed that the BJP was trying to harass members of the INDIA alliance in various states.
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Party leader Vivek Tankha, who appeared before the tribunal against the order, said the party was now allowed to operate its bank accounts.
According to Congress treasurer Ajay Maken, the action represents a severe setback for democratic processes in India.
CPM was one of the petitioners that challenged the scheme.
The authorities have clarified that previous years' property tax arrears can also be paid without penal interest in addition to this year’s dues.
George alleges that R Mohan, who gave a clean chit to Vijayan in the SNC Lavalin case, received the position as a reward.