Advocate Imtiaz Rashid Qureshi, chairman of the Bhagat Singh Memorial Foundation, today filed the application in the high court here for early hearing of the matter.
In his petition Qureshi said Singh was a freedom fighter and fought for independence of undivided India.
The case was filed against Singh, Sukhdev and Rajguru for allegedly killing British police officer John P Saunders.
Qureshi said Singh was initially jailed for life but later awarded death sentence in another "fabricated case". He said the freedom fighter is respected even today in the subcontinent not only by Sikhs but also Muslims as the founder of Pakistan Muhammad Ali Jinnah twice paid tribute to him.
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He saidit is a matter of national importance and should be fixed before a full bench.
He also pleaded to set aside the sentence of Singh by exercising principles of review and said the government must honour Singh with a state award.
Last year, Lahore police provided the copy of the original FIR of the killing of Saunders in 1928 to the petitioner on the court's order.
Singh's name was not mentioned in the FIR of the case for which he was hanged in 1931 aged just 23.
Eighty-three years after Singh's hanging, the Lahore police searched through the record of the Anarkali police station on the court's order and managed to find the FIR which did not mention Singh's name, in a major boost to prove the legendary freedom fighter's innocence in the case.
The case was registered under sections 302, 1201 and 109 of the Indian Penal Code.
Qureshi said special judges of the tribunal handling Singh's case awarded death sentence to him without hearing 450 witnesses in the case.
Singh's lawyers were not given the opportunity of cross-questioning them, he said.
"I will establish Bhagat Singh's innocence in the Saunders case," he said.