The ruling coalition had held out the threat of using the Whip against the wayward MLAs, citing the disqualification provision under the anti-defection law.
The 13 month-old Karnataka coalition government of JD-S and Congress slumped into crisis following the resignation of their 11 MLAs from the membership of the state assembly on Saturday.
The court struck down the portion of the Speaker's order by which the legislators were disqualified till the end of the 15th Karnataka assembly.
The 14 MLAs who had resigned earlier this month include Pratapgouda Patil, BC Patil, Shivaram Hebbar, ST Somashekhar, BA Basavaraja, Anand Singh, R Roshan Baig, Munirathna, K Sudhakar, MTB Nagaraj, AH Vishwanath, K Gopalaiah, Narayana Gowda and Shrimanth Patil.
Former India Test batsman Praveen Amre and ex-Karnataka left-arm spinner Raghuram Bhat have been found to be in Conflict of Interest by the Board of Control for Cricket in India's Ombudsman. However, former India skipper Dilip Vengsarkar was cleared of a similar charge.