A Division Bench of the Kerala High Court has ordered the Enforcement (ED) to maintain status quo in the Cochin Minerals and Rutile Ltd. (CMRL)-Exalogic Solutions pay-off case till Friday.The Bench will pronounce its orders on Friday in an appeal filed by CMRL challenging a single Bench order that dismissed its plea to quash the proceedings initiated in the pay-off case involving an IT firm owned by Veena T., daughter of former Chief Minister Pinarayi Vijayan.The ED informed the court that it would refrain from ‘precipitating the issues’ till that day.CMRL and its officials had filed an appeal before the High Court a week ago, seeking a stay on the ED’s probe into its financial transactions with Exalogic Solutions. The probe pertained to alleged misappropriation of public funds.The High Court had earlier directed the firm’s officials to appear before the ED under provisions of the Prevention of Money Laundering Act, 2002, and to cooperate with the probe.On its part, the CMRL questioned the ED invoking the PMLA against the firm, “even without the registration of an FIR or a complaint in the predicate offence.”The ED submitted that the agency had the right to issue summons to the firm’s officials. It submitted before the High Court last week that its probe was independent of a probe by the Serious Fraud Investigation Office into the matter. Published - June 01, 2026 07:32 pm IST