https://www.taxtmi.com/news?id=64382 KIIFB has asked the High Court to quash an ED complaint and FEMA show cause notice alleging misuse of Masala Bond proceeds for land acquisition, arguing RBI end use restrictions on real estate purchases do not apply to land acquired for infrastructure under eminent domain, and that adjudication would impair funding, ratings and project delivery; the ED disputes maintainability and the court has reserved orders. en-us Thu, 11 Dec 2025 16:16:03 +0530 Thu, 11 Dec 2025 16:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=64382 KIIFB has asked the High Court to quash an ED complaint and FEMA show cause notice alleging misuse of Masala Bond proceeds for land acquisition, arguing RBI end use restrictions on real estate purchases do not apply to land acquired for infrastructure under eminent domain, and that adjudication would impair funding, ratings and project delivery; the ED disputes maintainability and the court has reserved orders. News - Thu, 11 Dec 2025 16:16:03 +0530 https://www.taxtmi.com/news?id=64382