Mumbai, July 18: A special court has reserved order till July 20 on the bail plea of broker Ketan Sheth, held in connection with the Rs 92.78 crore Seamen's Provident Fund scam case. Arguments concluded on Wednesday in the court of designated judge S G Deshmukh who decided to give the ruling on July 20.

The broker's lawyers, Amit Desai and Vijay Garg, argued that Ketan had been in custody for nearly two months and investigations were already over.

Documents were already recovered by police. Most of them were with independent institutions or bodies, provident fund organisation, banks, CBI and police. Therefore no purpose would be served by keeping him in custody, they argued. Bureau Report