A Delhi court has rejected the bail plea of Company Law Board member R Vasudevan who is in judicial custody in a graft case.<br/><br/>Special CBI Judge O P Saini dismissed the bail application of Vasudevan who was arrested by CBI on 23rd November along with a company secretary of a leading vernacular daily Manoj Banthia for allegedly taking 7 lakh rupees bribe to<br/><br/>pass a favourable order in a matter relating to the daily.<br/><br/>The probe agency had lodged a case under various provisions of the IPC and the Prevention of Corruption Act against Vasudevan and Banthia after carrying out searches at several locations in Delhi, Kolkata and Chennai.<br/>