OYO Face More Heat Over Unpaid Dues

OYO’s troubles with disgruntled hotel partners over unpaid dues continues to rage on, even as the company claims to have recovered to some extent from the Covid-19 impact. In the latest turn of events, a contempt of court petition has been filed against the company, OYO founder Ritesh Agarwal and directors Rakesh Kumar and Anuj Tejpal in the Delhi high court for not allegedly complying with the instructions of the court in the previous hearing. In response, an OYO spokesperson reportedly said that the court did not issue any notice to the company or its directors and that OYO has submitted all the required information in a sealed cover and therefore, there is no case of contempt of court

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