Justice Chander Shekhar stayed a trial court order dated June 1, which has allowed Saxena to go to the UK, Dubai and European countries for medical treatment.
The order came on the Enforcement Directorate (ED) plea challenging the trial court order. Representing ED, advocate Amit Mahajan and Nitesh Rana told the court that investigation in the case is at a crucial stage and that he may flee from justice.
The counsel also said that allowing Saxena to travel abroad may hamper the investigation.
The court has asked Saxena to file his response on the plea and listed the matter for June 10.
On March 25, a trial court had allowed Saxena to become an approver in the AgustaWestland VVIP chopper deal case.
He was granted pardon after the investigating agency supported his application.
The United Arab Emirates security agencies had picked up Saxena from his Dubai residence on January 30 and sent him to India the same night. He was granted bail on medical grounds later.
According to the ED, Saxena, in connivance with lawyer Gautam Khaitan, provided the global corporate structure that laundered money for payment to various political leaders, bureaucrats and Indian Air Force (IAF) officials in order to influence the contract for supplying 12 VVIP choppers in favour of AgustaWestland, the Rome-headquartered helicopter design and manufacturing company.
( With inputs from IANS )