"The constitutional court ruled unconstitutional some articles of the parliamentary election law related to the direct vote system," MENA reported, referring to the third of seats elected on a first-past-the-post system.
That decision was challenged in court.
The ruling will cast all of parliament's legitimacy into question. Parliament speaker Saad al-Katatni, an Islamist, had said before the ruling that the house would have to consider how to implement it.
He said one possibility would be to hold by-elections for the seats ruled unconstitutional.
Shafik confirmed
The same court on Thursday gave ex-military officer Ahmed Shafik the green light to run for president as it ruled against a law that would have thrown him out of the race.
The supreme court said Shafik could run in the upcoming presidential election, despite a law which bars senior officials of the Mubarak regime and top members of his now-dissolved National Democratic Party from running for public office for 10 years.
The law applies to those who served in the 10 years prior to Mubarak's ouster on 11 February 2011 after a popular uprising.
The decision comes two days before the landmark presidential election to choose a successor for Mubarak.
In the first round of voting on May 23 and 24 – which saw 13 candidates compete for the top job – Mursi won 24.7 percent of the vote, slightly ahead of Shafik's 23.6 percent.
The next president will inherit a struggling economy, deteriorating security and the challenge of uniting a nation divided by the uprising and its sometimes deadly aftermath, but his powers are yet to be defined by a new constitution.
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