The petition had a long series of hearings, where in 1998 the court had frozen the accounts of the companies and the management. The earlier orders were recalled by the bench and in a final judgement, the court held that the petition was frivolous. It claimed that the PIL was used to settle personal scores. The petition had been filed by the advocate and three others who were investors in the Indo French Biotech Ltd. They claimed that the company had duped them of Rs 15 crore.