Supreme Court has said that it cannot reject the Presidential Reference on 2G spectrum verdict only on the ground that it is malafide and misleading. A five-judge Constitution Bench headed by Chief Justice SH Kapadia said this while referring to the submission of NGO, Centre for Public Interest Litigation, CPIL on Wednesday. CPIL's counsel Prashant Bhushan contended that the basic objective of the government in filing Presidential Reference is to continue with what he called opaque, non-competitive, and arbitrary method of allocation of natural resources like minerals, oil etc.