A bench of Justices S Muralidhar and I S Mehta said the petition by Swamy cannot be entertained as a PIL.
The bench also said that from what was placed before the court, it was unable to be persuaded that the probe, being carried out by the SIT, is botched up or under the influence of any party.
The court was also of the view that Swamy concealed information, based on which he had made "sweeping allegations" against Tharoor and Delhi Police, as he today offered to file an affidavit disclosing his source or reason based on which he had made the accusation.
The bench also said that "Courts need to be careful that judicial process is not used by political persons for their own purposes".
"This is not to say that political persons cannot file PILs, but courts have to be extra cautious when allegations are made against other political persons," the bench added.
During the hearing, Additional Solicitor General Sanjay Jain, appearing for the Centre and the Delhi Police, said that they do not subscribe to the views expressed by Swamy that the Congress leader continues to interfere in the investigation.
Pushkar was found dead under mysterious circumstances in a suite of a five-star hotel in Delhi on the night of January 17, 2014.
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