A city court today reserved its order till Friday on a petition filed by Bollywood actress Sridevi seeking a stay on the bailable warrant issued for her in a cheque bounce case involving over Rs 1 crore.

Additional sessions judge K T Vaidya today heard arguments from both sides at length and then reserved his order till Friday.

Sridevi's counsel H H Nagi said the Juhu police had filed a forgery case against his client without any concrete evidence.

Ms Sridevi had filed an application in the sessions court seeking a stay on the bailable warrant, issued for her by the metropolitan magistrate, Kurla.

Earlier, the court had issued bailable warrants for the actress for not appearing in a cheque bounce case filed against her by proprietors of Foto Film Industries -- Mr Madhu Gupta and Sushil Gupta.

They had alleged that the actress had issued two cheques for Rs 92 lakh and Rs 8.41 lakh last year which had bounced.