The ED's special counsel, Zoheb Hossain argued that the now-scrapped Delhi excise policy was meant to be an "evergreen vehicle" to accumulate illegal gains including from future generations.

"His bail application has been rejected up to the SC. The SC has come to the conclusion that proceeds of crime in this case is ₹338 crores. The policy was changed, no research done, no calculation nothing ... It was meant to be an evergreen vehicle of gaining illegal gains ... This policy was meant for recoupment of gains for future generations also," Hossain submitted.

The ED counsel added that there is proof to indicate that Sisodia met with a "South group" liquor lobby, which had allegedly stood to benefit from the loopholes allegedly left behind in the now-scrapped Delhi Liquor Policy.

"We have evidence, bills from Oberoi hotel that there was a meeting with the South Group. A 36-page draft (of the excise policy) was printed," Hossain said.

"Do you have the draft?" the Court asked.

"No. We have the statements corroborating it. All co-accused persons were present; some of them have become approvers. The document was handed over by Mr. Sisodia to C Aravind at the house of the Chief Minister. To this also, we have the statement of C Aravind," Hossain replied.

He also alleged that Sisodia had been involved in the destruction of evidence.

"Sisodia said his phone was damaged but he could not tell the whereabouts of his previous phone. As per one statement, it can be witnessed that Sisodia destroyed the old draft cabinet note so that it cannot be accessed by anyone," Hossain said.

The ED had earlier also asserted that it was Sisodia who was responsible for any delay in the progress of the trial against him.

Mudit Jain quits Analyst Law Associates to start independent practice