The Delhi High Court has stayed the proceedings initiated by Competition Commission of India (CCI) into the alleged anti-competitive practices of IOCL, HPCL and BPCL in relation to pricing of petrol by them on a plea by the oil companies. Justice V K Jain stayed the suo motu proceedings by CCI till January 13, 2014 by when the fair trade regulator as well as the Petroleum and Natural Gas Regulatory Board (PNGRB) have to file their responses on the plea of the oil companies which have contended that CCI does not have the jurisdiction to investigate the issue.

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