The court asked the agency to file the next status report in the matter on July 28.
The BJP termed the controversy, which has erupted just two days before the third-phase of the general elections, as Congress ka haath Quattrocchi ke saath (Congress is hand-in-hand with Quattrocchi).
Opposition government's reaction to a website claim that the key Bofors case accused had hatched a conspiracy with the LTTE to assassinate former prime minister Rajiv Gandhi.
The PIL has been filed on behalf of the Rashtriya Mukti Morcha.
Filing the status report in the court of Metropolitan Magistrate Anil Kumar Sisodia, counsel for CBI Navin Kumar Matta stated that Quattrocchi's identity has been confirmed.
Jaitley accuses Bharadwaj of interfering in criminal proceedings against Ottavio Quattrocchi in the Bofors case. \n
The bench refused to dispose off the contempt petition filed by advocate Ajay Aggarwal against CBI director Vijay Shanker and another officer on the matter.
Filing the report in the court of Chief Metropolitan Magistrate Seema Maini, the agency stated that extradition proceedings were going on expeditiously.
"It is unfortunate. I cannot react to the media reports," Minister of State for External Affairs Anand Sharma said when asked about CBI's affidavit in the Supreme Court on the issue.
Quattrocchi's lawyer Alejandro Freeland is yet to receive "confirmation" that his client is to face an extradition hearing in Misiones Province, but "expects to hear from the authorities there in the next 24 to 48 hours."
The team is expected to present the request through diplomatic channels on Thursday, the CBI said.
Additional Solicitor General Gopal Subramaniam, who appeared on behalf of the CBI, assured the court that the agency would file its response on the claim made by Agarwal.
The application said that CBI had the information that Quattrocchi was held in Argentina since Febraury 8 but it maintained a discreet silence even when a matter relating to him was heard before the apex Court on February 12.
Quattrocchi is wanted in the Bofors case for the last 14 years.
Additional Solicitor General Gopal Subramanium told a Bench headed by Chief Justice K G Balakrishnan that despite the best efforts of the investigative agency it has failed to get the translated order.
The Central Bureau of Investigation sought more time for "true and correct translation" from Spanish to English the order of an Argentinian court rejecting its plea for extradition of Bofors accused Ottavio Quattrocchi, three months after the Supreme Court gave it a time frame to complete the work.
Advocate Ajay Agrawal, who had filed an application questioning government's effort in securing the foreign national's extradition from Argentina after he was detained on February 6, 2007, said the El Dorado court declined India's request as the original arrest order of 1997 by a court in New Delhi was not produced by the CBI. He was responding to the order passed by the Argentine court, the translated copy of which was provided to him by the Centre.
The Interpol on Wednesday said the red corner notice against the accused in the Bofors case Ottavio Quattrocchi, who was let off recently after being detained in Argentina, was still "operational".
It is shocking that CBI Director Vijay Shanker claimed that the agency was unaware of the government's decision to withdraw an appeal in the Argentinian court for Quattrocchi's extradition, Shourie said.
He maintained that he has 'never had any contract, or any contact with Bofors'.
Javedkar claimed that the Argentine court verdict was the result of the government's all-out effort to save and not nab Quattrocchi.
After figuring in category of people wanted by Interpol for 12 years, the CBI has asked the international agency to take off Italian businessman Ottavio Quattrocchi, an accused in the multi-crore Bofors payoff scam, from the Red Corner notice list in which he had been put at India's behest.
A division bench of Justice Vijender Jain and Justice Rekha Sharma while declining to concede the plea made by the Additional Solicitor General P P Malhotra posted the matter for arguments to April 17.
After this process, the court would be giving the date for beginning of agruments on Quattrocchi's extradition plea made by CBI.
Bofors trail: India to approach Switzerland in Quattrocchi case
Even in the absence of a formal extradition treaty with Italy, where Quattrocchi is believed to be living, CBI would take all possible efforts through legal and diplomatic channels to obtain his presence to face trial in the Bofors case.
India will be represented by Lilian Delgado, a prosecutor given by the Argentine government, during the extradition trial, while extradition expert Alejandro Freeland will be defending Quattrocchi.
Indian Ambassador Pramathesh Rath said the CBI team, which was currently in El Dorado city, has appointed a lawyer who would assist the public prosecutor given by the Argentinean government to plead CBI's before the judge there.
Party sources said Sonia, addressing the CPP, the first in the Budget session, faulted the main opposition for its stalling tactics in the Lok Sabha and Rajya Sabha.
His lawyer believes that 'there is significant evidence that the case being brought against Quattrocchi is based on fictitious events.
Indian Ambassador to Argentina Parmathesh Rath said it was now for the Argentine government to see whether the papers were in order to carry forward the process.
However, he has been asked not to leave the country.
The paperwork is expected to be completed on Monday and Tuesday.
Three months after he walked to freedom from Argentina, the Central Bureau of Investigation has sent a fresh communication to Interpol seeking details about Italian businessman Ottavio Quattrocchi, accused in the Bofors payoff scam, and "assistance" to nab him.
The CBI has drawn a parallel between the Bofors case and the popular cartoon show -- Tom and Jerry -- and is hopeful that 'Tom' will one day catch 'Jerry'.
The 69-year-old businessman left this country for his home in Milan in his native Italy. His passport was returned by Argentinian authorities last week.
Embarrassed CBI officials said the order was in Spanish and this might have caused the delay in understanding its implications.
Judge Harichi Doi of the First Court of Eldorado has ordered the prosecution to pay Ottavio Quattrocchi's legal fees.