A bench of Chief Justice P Sathasivam and Justice Ranjan Gogoi directed the CBI, which is the prosecuting agency in the fodder scam case, to file its response within two weeks and posted the case for hearing to December 13.
Senior advocate Ram Jethmalani, appearing for Prasad, submitted that the RJD chief was one among the 44 accused convicted in the case but he is the only person whose bail plea was rejected by the trial court and the high court.
He contended that so far 37 convicts have been granted bail in the case and no one's bail plea has been rejected.
He also submitted that it will take a long time for the Jharkhand high court to dispose of his appeal against conviction.
Prasad, whose membership of Parliament was taken away after he was convicted in the case, has moved the apex court challenging the order of the Jharkhand high court, which had dismissed his bail plea.
The RJD chief, another former Bihar chief minister Jagannath Mishra and 43 others were on September 30 convicted by a special CBI court in the fodder scam case involving fraudulent withdrawal of Rs 37.7 crore from Chaibasa Treasury during the Prasad-led RJD regime.
The CBI court had pronounced varying prison terms for the convicted persons on October 3.
In his bail petition, the RJD chief has said, "No reason has been given by the court for the rejection of bail. The petitioner has been treated differently in the matter of grant of bail in as much as some of the co-accused, as stated above, who are similarly situated, have been granted bail."
Pleading for bail, he has submitted that he has already spent nearly 10 months in jail during the trial and nearly two months after the conviction. He has said that there was no chance of him absconding from the country after getting bail.
"That the petitioner was the chief minister of the state of Bihar, the railway minister, is also the leader of a political party and until the date of his conviction in the present case, was a sitting Member of Parliament, hence, is not likely to abscond from the country," the petition has said.
"It is thus respectfully submitted that the impugned order is unsustainable in law. It is also inconsistent that some of the persons, who are co-accused and have been convicted along with him in the same case, have been granted bail while he has been singled out," it said.
Fodder scam: Lalu Yadav GUILTY; sent to jail
'Lalu Yadav got what he had sown'
Look who's trying to keep Lalu Yadav alive!
Lalu in jail: Rabri set to return; Tejaswi can 'wait'
Can the NCW make a difference on crimes against women?