A bench of Chief Justice G Rohini and Justice Jayant Nath issued notice to the Centre and asked it to file its response within four weeks. The court has fixed the matter for May 24.
During the hearing, the counsel appearing for RBI told the bench, which had earlier sought its reply on the plea, that they would file their response soon.
It has sought an inquiry into the affairs and transactions of all FDI recipient companies and stop operation of those found to be directly or indirectly carrying out e- commerce in retail sector.
The petitioner also said that "100 per cent FDI is permissible through automatic route for buying and selling by a company through the e-commerce platform but this is subject to the condition that such companies would engage only in B2B e-commerce as against business to consumer (B2C) pattern and not in retail trading".
The petition has further claimed that "to circumvent the law, these entities have created a web of connected entities" which carry out different functions, like logistics, handling payments, providing software and technology support and so on.
It had sought that "required legal action be initiated" against the companies or e-commerce sites or entities who have violated provisions of FEMA and the rules framed there under.