The plea has been filed by a citizen named Muneer Ahmed through his lawyer Advocate Azhar Siddique.
He stated that the federal government has increased the prices of petroleum products which would lead to a further rise in inflation.
The petitioner pleaded with the court to declare the recent increase in fuel prices void.
The Oil & Gas Regulatory Authority (OGRA), federal government and other concerned authorities have been made party in the case.
Earlier, the federal government increased the price of petrol by Rs22.20 per litre in a bid to appease the International Monetary Fund (IMF) for reviving $7 billion Extended Fund Facility (EFF).
The rate of petrol was increased to Rs272.00 per litre from Rs249.80 per litre and the price of high-speed diesel (HSD) has been increased by Rs17.20 per litre to Rs280.00.