MUMBAI, July 19 -- A special CBI court has stayed the proceedings against fugitive diamantaire Mehul Choksi in connection with a 2022 bank fraud case against him and others for allegedly defrauding a consortium of banks led by Canara Bank and Bank of Maharashtra of Rs.55.27 crore. The court noted the Esplanade court, while issuing a summons against the accused, failed to provide detailed reasons. On April 17, 2025, the Esplanade court issued a summons to Choksi and five others in connection with the case after the CBI filed the charge sheet. Two days after this, the Esplanade court also issued a non-bailable warrant against Choksi. Choksi's lawyer argued that the Esplanade court passed the order in a "mechanical manner without application of mind" and without perusing the documents on record. The sessions court allowed the plea, and said, "The court expects at least some brief outline of the reasons which lead the trial court to form an opinion to issue a summons in the case." The judge stayed the further proceedings against Choksi and Nair till August 8, and directed the CBI to file a response to the plea by the defence advocate. Revu Suresh...