New Delhi, April 1 -- The Supreme Court on Tuesday disposed of a PIL plea filed by TMC MP Mahua Moitra over non-regulation by SEBI with regard to two categories of investments, Alternative Investments Funds and Foreign Portfolio Investments.

A bench led by Justice BV Nagarathna directed the petitioner, Moitra, to first make a representation to the SEBI in this regard.

"The petitioner is at liberty to make a detailed representation to the respondent (SEBI), ventilating the grievances that have been enumerated in this Writ Petition. Should such a representation be made to the respondent, the same shall be considered in terms of law," the Court noted in its order.

These two categories of investments hold 25 per cent of the stakes (in the ...