A bench comprising Chief Justice Altamas Kabir and Justice S S Nijjar also vacated its stay order on implementation of the high court judgement.
The Maharashtra government had in 2005 brought in an amendment in the Bombay Police Act which was challenged in the high court by an association representing restaurants and bars.
The high court in 2006 had quashed the government's decision. The state government had moved the apex court against the high court's order that same year.