NCLAT stays corporate insolvency proceedings against Oyo subsidiary – Moneycontrol.com
The NCLT plea had been filed by a Gurgaon hotelier, who had accused the company of defaulting on payments and violating an agreement. The NCLAT ruling has now halted a ruling by the Ahmedabad bench of the NCLT initiating corporate insolvency proceedings against the subsidiary, OHHPL. File image of Oyo Founder and CEO Ritesh Agarwal…