"We find no reason whatsoever to entertain this PIL," said a bench comprising Chief Justice Ranjan Gogoi and Justcie S K Kaul.
The bench also directed the apex court registry not to allow Sharma to file any PIL till he deposits Rs 50,000.
The Chief Justice warned him not to continue with the submissions, saying cost will be imposed if he was unable to satisfy the court.
"We don't subscribe to such plea and picking up on people. You are not bringing honour to this institution. Why do we permit you to go ahead with this PIL."
The advocate had also alleged interference by the Centre in the functioning of the Reserve Bank.
He submitted that the finance minister favoured waiving loan of up to 55,000 crore given by the PSU banks to prominent corporates who have been giving donations to a particular party.
The lawyer said that previously receiving donations from foreign companies was a criminal offence but later the Centre and the finance minister brought amendments in the provisions of Foreign Contribution Regulation Act to permit such donations.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)