A special CBI court in Mumbai on Friday stayed proceedings against diamantaire Mehul Choksi until August 8 in the Rs 55 crore Canara Bank-led consortium loan fraud case, reported news agency PTI.

A magistrate court, in April, had taken cognisance of a chargesheet filed by the Central Bureau of Investigation (CBI) in the case and issued summons to the accused, including Choksi and two former employees of the Gitanjali group, Vipul Chitalia and Aniyath Nair.

However, their lawyers, Vijay Agarwal, Rahul Agarwal, and Jasmin Purani, filed a revision application on Friday against the magistrate's order before the special CBI court. They claimed the order was passed in "a mechanical manner without application of mind," reported PTI.