A special court will hear on March 7 the bail application of Syed Shahid Yousuf, son of globally- wanted terrorist Syed Salahuddin, in a terror funding case.

District Judge Poonam A Bamba posted the matter for arguments after the NIA filed its written submission on the application of Yousuf, who is currently in judicial custody.

In its reply, the NIA is understood to have opposed the plea of Yousuf, who has sought relief citing completion of the investigation.

During in-chamber proceedings, the NIA told the court that the case was of very serious nature.

In his application, Yousuf told the court that he was not required further by the investing agency and no purpose will be served by keeping him in custody.

The NIA had earlier alleged that the accused had links with proscribed terrorist organisations like Hizb-ul- Mujahideen.

It had said the case was registered on the basis of information regarding funds from Pakistan being sent to Jammu and Kashmir through hawala channels via Delhi to spread terrorism.