The court set July 11 for next hearing.
After coming out of the court, reporters asked Mallya if it would be the final hearing, to which he quipped, "I would hope so."
At the hearing, Mallya's lawyer told the judge, "Can we please get another hearing for final arguments? This case is complex and we would like at least a few more hours before we give closing remarks to articulate our case."
It may be noted that Mallya's lawyer had earlier argued that evidence provided by the CBI was not good enough.
Judge also demanded for concise paper work with crisp points, and sets guidelines for font as well so that it is easy for her to "make up her mind" either way.
Mallya is facing a trail in the UK Court, to rule if he can be extradited to India to face charges for financial irregularities involving a total amount of Rs 9,000 crores, as well as money laundering cases.
Apart from this case, the High Court of London on February 12 ordered Mallya to pay an estimated USD 90 million to a Singapore-based aircraft leasing company in claims.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)