It also extended by two days the Enforcement Directorate custody of Sushen Mohan Gupta, an alleged defence agent arrested by the agency in the case.
The custody was extended after ED's advocate Samvedna Verma said his further interrogation was required in the case.
It further sought a reply from the agency on Gupta's bail application by April 9.
Gupta was arrested by the agency under the Prevention of Money Laundering Act (PMLA).
The probe agency had said Gupta's role in the case came to light on the basis of disclosures made by Rajiv Saxena, who has turned approver after he was deported from the UAE and arrested by the agency here.
Michel was arrested by the ED on December 22 last year after his extradition from Dubai.
He is among the alleged middlemen being probed in the chopper scam by the ED and the Central Bureau of Investigation or CBI. The others are Guido Haschke and Carlo Gerosa.
The agency had earlier told the court that Michel received 24.25 million euros and 1,60,96,245 pounds from the AgustaWestland deal.
The ED told the court that it had identified Michel's properties purchased with the proceeds of the crime.
The ED, in its charge sheet filed against Michel in June 2016, had alleged that he had received 30 million euros (about Rs 225 crore) from AgustaWestland.
The CBI, in its charge sheet, has alleged an estimated loss of 398.21 million euros (about Rs 2,666 crore) to the exchequer in the deal that was signed on February 8, 2010 for the supply of VVIP choppers worth 556.262 million euros.
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