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We ll soon meet in your inbox. Please wait. Although the Oyo-Zo Rooms deal failed to fructify, the arbitrator said claimant Zo Rooms parent, Zostel Hospitality, was entitled to claim relief in the form of allotment of shares from the respondent, Oyo parent Oravel Stays. The order also said Zo Rooms was entitled to claim costs of its case. “The claimant cannot be held responsible for the acts and omissions of the respondent and/or its shareholders, by virtue of which some of the obligations could not be fulfilled by the claimant. This tribunal has held that claimant no. 1 is entitled to claim/pray for the relief of allotment of shares from the respondent to claimant nos. 2 to 17,” read the order.

India generalNilesh tribhuvannJustice ahmadiSnapdeal freechargePaavan nandaRitesh agarwalHindustan media ventures ltdSupreme courtSoftbank groupRitesh agarwal ledArbitral tribunalChief justiceZostel hospitalityArbitration tribunalHindustan media venturesOravel stays