A bench of Chief Justice G Rohini and Justice Jayant Nath said the relief sought by the petitioner amounts to staying the proceedings before the Chief Metropolitan Magistrate (CMM) which cannot be granted.
It also said there was no public interest in the matter and dismissed the plea moved by the spokesperson of Karnataka Pradesh Congress Committee A Alam Pasha.
The petitioner had also sought that the SFIO after carrying out the probe should give a report to the high court.
He was of the view that SFIO's probe would be of "invaluable assistance" to the CMM as well.
He had also said in his plea that he had moved the petition as the state Congress committee of Karnataka "wants to know the truth about their most trusted leaders like Sonia Gandhi and others".
He has said the matter can be probed by SFIO before whom both sides can put forth their stand.
Swamy has accused them of allegedly conspiring to cheat and misappropriate funds by just paying Rs 50 lakh by which YI obtained the right to recover Rs 90.25 crore which Associated Journals Ltd (AJL), publisher of National Herald, owed to the Congress party.
All the accused have denied the allegations levelled against them by Swamy.
The trial court had on December 19 last year granted bail. To Sonia Gandhi, Rahul, Vora, Fernandes and Dubey, who had appeared before it in pursuance to the summons issued earlier. Pitroda, another accused, was granted bail later.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
