Vacation judge Niyay Bindu of the Rouse Avenue court had earlier in the day reserved the order on CM Kejriwal's bail plea.

Notably, the Enforcement Directorate (ED) sought a 48-hour adjournment for signing the bail bond following the pronouncement of the order by the court. The ED's request was aimed at granting enough time to challenge the order before the appellate court.

However, the presiding judge firmly denied the ED's plea to stay the order. The trial court said the bail has to be produced before the duty judge on Friday as per the court's directive.

The judge also heard CM Kejriwal's request to allow his wife Sunita Kejriwal to be present during her medical examination.

While the court on Wednesday said it will not reserve the order, it also extended judicial custody of CM Kejriwal in the excise policy case after hearing arguments at length on his customary bail plea.

"I will not reserve the order. Everyone knows that it is a high-profile matter. I will pass the order after hearing it," Justice Niyay Bindu had said while posting the continuation of the hearing for Thursday.

On Wednesday, the court heard arguments from CM Kejriwal's lawyer, while the ED also filed his case but could not complete it.

The judge had adjourned the hearing till Thursday, stating: "I have to issue some orders (in other cases) and give copies of 'dasti' (in-person notification)."

The judge also heard CM Kejriwal's plea to allow his wife Sunita Kejriwal to be present during her medical examination, and the court was awaiting a report from Tihar jail on the matter.

The judge had clarified that the central agency had no role in CM Kejriwal's request for treatment inside the jail.

During the bail arguments, senior advocate Vikram Chaudhary, representing CM Kejriwal, had argued that the case against him was based on statements of people who were allegedly promised bail for supporting the case of the ED.

He also questioned the credibility of these witnesses and suggested that their statements were made under duress as they were unable to obtain bail.

Chaudhary also cited the timing of CM Kejriwal's arrest before the Lok Sabha elections, suggesting that he was politically motivated.

He maintained that there was no material evidence or money trail against CM Kejriwal and described the probe as "the biggest instrument of oppression".

Additional Solicitor General S.V. Raju, appearing for the ED, had argued that CM Kejriwal had not been named as an accused but was now facing charges after the special court took cognizance of the money laundering offence.

He said the credibility of the statements could only be assessed during the trial, not at the bail stage, adding that the incentives given to approvers were legal and necessary to obtain evidence.

He argued that CM Kejriwal was responsible not only in his personal capacity but also as leader of the Aam Aadmi Party (AAP), alleging that he had demanded a bribe of Rs 100 million.