Last November, the Bombay High Court had ordered the inquiry during the hearing of petition filed by Tulsidas Nair, a social worker.
The PIL alleged that Kripashankar and his son usurped Nair's properties worth crores of rupees, and were threatening to kill him if he did not vacate his house in suburban Kalina.
The magistrate submitted his report in January, the copies of which were given to all the parties today.
According to the magistrate, Nair did not produce any record to prove that he was forced to sell his properties because of the alleged threats and "torture".
The report also mentions that petitioner was in the habit of filing false cases, without proper documents.
The division bench of Justices P V Hardas and A R Joshi has posted the matter for hearing after three weeks.