Additional government pleader G W Mattos informed a division bench headed by Justice S M Kemkar that the committee appointed by the government has submitted an exhaustive report with several recommendations.
The report would be tabled in the legislature during the winter session in Nagpur, and the government would then take a decision on whether to implement the recommendations, he said.
They have challenged the Maharashtra City Taxi Rules, introduced this year.
The court posted the petitions for further hearing after eight weeks. It also said that the government's assurance not to take any coercive action against Ola and Uber drivers till the further court order would continue.
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The petitions contended that the Maharashtra City Taxi Rules are arbitrary and bad in law.
"According to the rules, app-based taxis will not be allowed to ply within the Mumbai Metropolitan Region on a national tourist permit. The drivers will have to obtain local permits and will not be allowed to ply on their national tourist permits," the drivers said in their petition.
The government, in its reply, said it was necessary to regulate app-based cab operators to foil their "predatory", "monopolistic", and "exploitative" business tactics.
The new rules bring about a level-playing field for all the cab operators and ensure better service for commuters, the government said.