He also said there was no provision under the law to appeal against Governor's refusal of sanction but the agency can request him for a review of his decision if it comes up with additional evidence against Chavan, which was not the case.
CBI had told the court at the last hearing that the Governor's decision was “non-appealable”.
The court had reserved its order on the application for today.
CBI had charge-sheeted Chavan and others in the case in July 2012 but the court is yet to take cognizance as a PIL seeking a probe into benami flats in Adarsh Housing Society and use of laundered money is pending before the high court.
Acceptance of CBI's plea by the court would have come as a big relief for both Congress and Chavan, the only former Chief Minister to have been made accused in the case though two of his predecessors—Vilasrao Deshmukh and Sushilkumar Shinde—were also under the lens. Deshmukh has since died.