The court had handed over the probe to the CBI five months ago.
A bench of Justices G S Sistani and Chander Shekhar observed that there was "no result either ways. No result even on paper".
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The court was hearing the plea of the missing student's mother, Fatima Nafees, seeking directions from the court to trace her son who disappeared from Jawaharlal Nehru University's (JNU) Mahi-Mandvi hostel on October 15 last year.
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