Even though the trial court was told to halt proceeding with the case, the three-judge bench of the Supreme Court, headed by Dipak Mishra criticised the "irresponsible reporting" of the matter.
Asserting that his comments were not related to the case, Misra used strong words against electronic media and said, "Many in electronic media think they can write anything".
The bench said there were two issues - whether factual additions in the article were defamatory or not, and can the editors, who were not part of the article, be also made parties.
Chief Justice of India (CJI) Deepak Misra on strongly criticised the electronic media and said it can not become "Popes" overnight and should act responsibly. What they write sometimes is sheer contempt of court.
But after making several critical observations on the state of the media, the CJI stressed that there is no "question of gaging the media".
The chief justice also said that sometimes journalists write in a way that amounts to "sheer contempt of court".
The CJI did not name any particular TV channel or website but said some "people think they are Pope sitting in a pulpit and can pass judgment or deliver sermon".
"A promising day for media freedom, Supreme Court restrains further proceedings in Jay Shah criminal defamation case against @thewire_in".
The defamation suits against Wire were filed by Jay Shah accusing the editors of the leading daily for allegedly publishing a defamatory article on their official website.
Jay Shah filed a criminal defamation case against the website in October 2017 after the website published an article which alleged that according to the filings with the Registrar of Companies, Jay Shah's firm's turnover grew by 16,000 times after Prime Minister Modi came into power and his father was elevated to the post of party president.
Those against whom the case was filed are the reporter Rohini Singh, founder editor Siddharth Varadarajan, Siddharth Bhatia, M K Venu, Monobina Gupta and Pamela Philipose.
Senior Advocate Kapil Sibal, who is appearing for the news portal argued in the court that the article was only asking pertinent questions to Shah."If journalism is going to be throttled like this, no journalist can ask questions", he said, reported The Indian Express. Is that journalism?" the chief justice wondered, adding that while he was all for the freedom of press, "how can anyone start speaking anything about anyone? The foundation publishes The Wire.
This is unedited, unformatted feed from the Press Trust of India wire.