However, Verma and his Romanian wife Anca Maria Neascu, would remain in jail under judicial custody as they are yet to secure bail in a case lodged against them by the CBI under the Official Secrets Act (OSA).
Additional Chief Metropolitan Magistrate Gautam Manan granted bail to Verma and his wife on a personal bond of Rs one lakh and a surety of the like amount observing that the ED has failed to file charge sheet against the couple within the stipulated 60 days period.
"In view of the facts and circumstances, the accused (Verma and Anca) are granted bail on furnishing a personal bond of Rs one lakh and one surety of the like amount," the court said after ED's prosecutor Naveen Kumar Matta said that the agency would not file charge sheet against them today.
After granting bail to the accused, the court remanded them in judicial custody till November 2 after they said that they would not furnish the bail bond today.
The ED had arrested the couple after they had moved an application to surrender in the money laundering case against them for allegedly receiving money from a Swiss arms dealing firm to keep it out of the Indian government's blacklist.
Verma and his wife, who were arrested in August, are also accused in a corruption case and a forgery case lodged by the CBI. They have been granted bail in both the cases by the court but they have not furnished the bail bonds.
Verma is also an accused in the Naval war room leak case.