Iqbal Kaskar, younger brother of underworld don Dawood Ibrahim, has petitioned a special court for bail.
Kaskar was arrested on March 19 in a land grabbing case. This is for the first time Iqbal has sought liberty from the special court since his arrest.
His lawyer Sham Keswani filed the bail application on Tuesday. It would come up for hearing on October 28 before designated Judge A P Bhangale who will hear the prosecution before giving his verdict on Kaskar's bail plea.
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Apart from Kaskar, the court has remanded two others to judicial custody till October 28.
Kaskar was arrested under MCOCA after he was deported from Dubai. He is facing charges of channelising funds of the underworld into the real estate sector in Mumbai.
Kaskar and his associates had developed Sara Business Centre and Sahara Shopping Complex near the police commisionerate in south Mumbai allegedly with the underworld money. These shopping complexes were illegal and have been attached by the court in an interim measure.
According to the police, Dawood had pumped a lot of money into the real estate business by purchasing old buildings and converting them into multiplexes.
