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The court raised concern about whether it would be appropriate to challenge the order when it has expired.
KIIFB has so far spent ₹38,608.52 crore on approved projects and completed work worth ₹24,734.58 crore.
The Union government's hesitation to act on the 16th Finance Commission's recommendation is reportedly due to concerns about adversely affecting other 'friendly states' like Andhra Pradesh, which have significantly higher off-budget debts.
Feroke Municipality's new office complex project is stalled due to repeated plan revisions and approval delays.
According to school principal Babitha A, neither the school nor the Parent-Teacher Association had any role in the construction or painting of the building.
Granting a three-month interim stay on all further proceedings, Justice V G Arun observed that the petitioners were entitled to the same relief earlier extended to KIIFB
He said that all KIIFB-funded infrastructure projects adhered strictly to Reserve Bank of India (RBI) norms.
The government had cleared 1,190 projects to be executed through KIIFB, with a combined outlay of ₹90,473.64 crore.
Abraham said the ED’s conclusion stems from a misunderstanding of the difference between land acquisition for public infrastructure and land purchase for investment.
Satheesan alleged that CPM would settle this case with BJP.
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