A division bench of Justices S A Bobade and Mridula Bhatkar asked the investigating agency to finish its probe and submit a report before it on August 17.
Last year in August, the High Court had transferred the probe into the fake bail bond scam at Kurla railway station involving several RPF personnel to the Central Bureau of Investigation (CBI). However, there has been no progress since then.
On several occasions, CBI was pulled up by the High Court for its slow probe.
The court was hearing a public interest litigation filed by social activist Samir Zaveri alleging that certain RPF personnel were releasing persons, booked for trespassing and crossing railway tracks, on fake cash bail bonds.
In his PIL, Zaveri had alleged that a head constable acted as a magistrate and granted bail to the alleged offenders and the money collected was misappropriated by the RPF personnel themselves.
The bench today also asked the Railways to inform the court on the next date of hearing what measures it proposes to take in order to prevent such corruption.
The matter has been posted for hearing on August 17.