📰 Specific Performance News
Page 4 - Specific Performance News Today
Fast, Ad-Free News Updates
Stay updated with breaking news from Specific Performance. Real-time updates on events, politics, business and more.
February 24, 2022
Former ICICI Bank CEO Chanda Kochhar has moved the Bombay High Court seeking specific performance of her former employer’s contractual obligations towards benefits due to her since her early retirement from the bank.
February 16, 2022
The Delhi High Court has dismissed Zostel Hospitality Pvt Ltd's interim plea claiming 7 percent holding in Oravel Stays Ltd, parent of OYO.
February 14, 2022
The Delhi High Court has rejected Zostel’s appeal that sought the IPO suspension of OYO amid its long-standing tussle.
November 30, 2021
Key trends for sponsor-backed going private transactions in the United States in 2020 included…
October 29, 2021
Earlier this month, Zostel wrote to SEBI seeking suspension of the IPO and said that the matter of Zostel’s shareholding in OYO is subjudice.
October 14, 2021
Zostel Hospitality has asked the Securities and Exchange Board of India to suspend the IPO of Oravel Stays, which runs OYO.
October 11, 2021
Continuing its fight against OYO, Zostel Hospitality has written to the SEBI seeking suspension of the proposed IPO of Oravel Stays
May 12, 2021
On April 30, 2021, the Delaware Chancery Court (the “Court”) issued a decision in Snow Phipps Group, LLC v. KCake Acquisition, Inc., ordering an affiliate of private equity buyer Kohlberg & Co. (“Kohlberg”) to acquire cake decoration supplier, DecoPac Holdings Inc. (“DecoPac”), for $550 million. In the opinion, newly sworn-in Chancellor Kathaleen McCormick affirmed prior case law on several common contractual provisions that bear on deal certainty in the time of COVID-19 (including...
March 8, 2021
Zostel will take the judgement to Oyo to fulfil the obligations under the term sheet and transfer the shares.
March 8, 2021
Oravel Stays Pvt Ltd, which runs OYO hotel chain, has said it will vehemently oppose any move to make it execute the definitive agreement for its disputed acquisition of Zostel Hospitality. The statement has come after an arbitration panel allowed Zostal Hospitality to initiate appropriate proceedings to claim 7 per cent stake in Oravel Stays Pvt Ltd for its shareholders under the term sheet of a merger agreement. Zostel Hospitality (ZO Rooms) had taken OYO to the court claiming that it comp...