New Delhi, July 12 -- Delhi's Rouse Avenue court on Saturday granted time to Arms dealer Sanjay Bhandari to exhaust statutory legal remedy against the order declaring him a fugitive economic offender.

Bhandari was declared a fugitive economic offender on July 5. The second step is the confiscation of his properties.

Special judge Sanjay Jindal granted time to Bhandari's counsel till August 2.

Meanwhile, the court adjourned the hearing on the Enforcement Directorate (ED)'s plea seeking confiscation of Sanjay Bhandari's properties.

Bhandari's counsel sought time to challenge the order declaring Bhandari a fugitive economic offender.

Special Counsel Zoheb Hossain, along with Special Public Prosecutor (SPP) Naveen Kumar Matta and Mohd Fa...