The Delhi High Court has reserved its order on the bail plea of jailed former AAP minister Satyendar Jain in a money laundering case being probed by the Enforcement Directorate (ED). Last year, ED arrested Jain accused of having laundered money through four companies allegedly linked to him.

The bench of Justice Dinesh Kumar Sharma reserved the verdict on the bail plea after hearing the arguments of the lawyers for the ED and the Aam Aadmi Party (AAP) leader.

Earlier, Jain submitted that no case was made out against him, he has fully cooperated in the investigation and there was no requirement to continue his incarceration after the filing of chargesheet.

Besides him, the trial court had also denied bail to co-accused Vaibhav Jain and Ankush Jain, saying that they "knowingly" assisted Satyendar Jain in concealing proceeds of crime and were "prima facie guilty" of money laundering.