The National Company Law Tribunal (NCLT) is set to hear the State Bank of India’s application to initiate insolvency proceedings against Jet Airways, along with two similar petitions filed by operational creditors — Shaman Wheels and Gaggar Enterprises on Thursday.
Representatives of the associations of kirana stores, traders and retailers discussed the need for a level playing field and the impact of anti-competitive practices like predatory pricing and other discriminatory methods that are being faced by them from foreign competition.
"The committee held its deliberations including consultations with various stakeholders and has submitted its report to the governor," RBI had said in a statement Tuesday.
