Solution
To solve this, disable theĀ Kernel DMA protection in the laptop through the Windows BIOS. After the Kernel DMA protection is disabled, restart the laptop and keep the chassis powered ON and connected to the laptop.
Also, make sure to no hot-plug. Make sure the cable is connected before powering on the laptop and MXI expansion chassis. Power on the MXI expansion chassis followed by the laptop. This may help to mitigate device enumeration issues. If the link LED turns green only when the OS is loading, then it might run into a hot-plug condition and drivers might encounter a rat-race condition.