Binoy Kodiyeri, who is now in Dubai, has been asked to deposit his passport to the court following the ban imposed on February 1.
The court action is on the basis of a complaint by the Dubai-based JAAS Tourism which had alleged that Binoy Kodiyeri had cheated it of Rs 13 crore.
Reacting to the development, Binoy, told 'People TV', the marxist party controlled malayalam channel, that he had come to Dubai on January 28 as part of his business activities and to sort out the issues relating to the case.
"This is a civil matter and I have started legal proceedings.I have given legal notice to JAAS Tourism," he said.
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Binoy said he expected the appeal against the ban to be filed by Tuesday or Wednesday, adding, he has sent a legal notice to the firm to return his cheques with them.
Binoy has also been asked by the court to deposit 10 lakh dirhams (Rs 1.74 core).
Bineesh told reporters here that the dispute had been deliberately brought up at a time the CPI(M) district conferences were going on.
"Let Binoy be in Dubai.There is no urgency for him to come back here," he said.
"My brother and I are adults and are responsible for our actions. Whatever we do, how is our father responsible?" he asked.
"There are no issues. Issues have to be resolved only if they exist. How can solutions be found to a problem which does not exist?" he had asked reporters here.
Hasan Ismaeel Abdulla Almarzooqi, owner of the tourism company, had reportedly planned to hold a press conference at the Press Club here this evening with regard to their allegation against Binoy.
However, it was cancelled after a court issued an injunction yesterday with regard to any discussion or publication of news related to the cheating case, in which the son of another ruling front MLA is said to be involved.
Reacting to the travel ban against Binoy, BJP state president Kummanam Rajasekharan alleged that the CPI(M) leader had misled the people of the state on his son's case.
People have the right to know the business run by the two sons of Balakrishnan, who has served as former Home and Tourism minister, the BJP leader said.
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