Additional Chief Metropolitan Magistrate Ajay Pandey, on conclusion of arguments on the bail applications of the Delhi-based traders, said the order would be pronounced tomorrow.
Senior advocate Ramesh Gupta, appearing for the accused, said "the complaint of Indian Cellular Association (ICA) was motivated as it was filed at the behest of mobile companies whose business have been hit hard because of the low price of imported Chinese handsets."
The recovered handsets were lawfully imported and the arrested traders had duly paid the customs and sales tax on them, Gupta said, adding no offence under the IPC was made out against traders.
They were arrested following the direction of the court ordering registration of an FIR.
Police arrested the traders and seized 3,502 mobile phones without the International Mobile Equipment Identity (IMEI) number following raids on a central Delhi market recently.
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