A petitioner, who had filed a PIL at Supreme Court challenging the daily increase in petrol prices, on Tuesday was pulled by the Apex court.
A bench comprising Justices R.F. Nariman, Navin Sinha and Indira Banerjee warned the petitioner that if he presses to argue on the prayers in the PIL, then he could end up paying a heavy fine for filing the plea.
“Do you want to argue this case because if you do, we will impose heavy costs,” the bench said.
Appearing for the petitioner advocate Shaji J. Kodankandath submitted before the bench that if that was the view of the court then he would withdraw the plea filed by his client.
The petition was filed by Kerala-based advocate in which he contended that the price of petrol and diesel were unreasonable in the backdrop of low crude oil price.
The petitioner moved the apex court seeking directions to the Centre to reduce the price of petrol and diesel.
The bench, after a brief hearing on the matter, dismissed this PIL as withdrawn.
As per precedents, the courts usually refrain from conducting a judicial review of economic policy decisions, which is under the domain of the executive.