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Inc42 Shots | OYO Has Found Itself In A Legal Battle Again

Gurugram-based hospitality unicorn OYO Hotels and Homes has found itself in yet another legal tangle. In an order by the Delhi high court (July 7) OYO has to file an affidavit by July 21 on its unencumbered (debt-free) assets.

The order came in the light of a case filed by hospitality company Anam Datsec, which has accused OYO of non-payment of dues for its Golden Sands property at Calangute in Goa and sought more than INR 8 Cr in damages.

OYO spokesperson told us that the Delhi High Court after hearing OYO’s submissions was pleased not to pass any interim order in the matter and rather has given OYO time to file its reply to the Section 9 petition filed by Anam Datsec within two weeks and Anam Datsec has been given another two weeks’ time to file the rejoinder.

To read more, click here.


Inc42 Staff