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OYO NCLAT CASE
Peak XV downsizes $2.85 billion fund; Paytm’s employee costs go upHappy Wednesday! Peak XV Partners, formerly Sequoia Capital India, is cutting down the size of its 2022 fund by 16%. This and more in today...- Byju’s-BCCI settlement in trouble; Ola Electric Q1 loss widensIn a setback for Byju’s, the Supreme Court has stayed the NCLAT's approval of its settlement with the BCCI. This and more in today’s ETtech...
- Lenskart bags $100 million from ChrysCapital; CCI challenges parts of NCLAT order on GoogleAfter having secured $500 million from Abu Dhabi Investment Authority (ADIA), the Gulf Sovereign wealth fund (SWF) in March, eyewear startu...
- Exclusive: Dunzo likely to raise $100 million via convertible notes; data localisation norms hit roadblockOver the past six months, convertible notes have emerged as a lifeline for many highly valued, growth-stage startups which were unsuccessfu...
- Oyo writes to NCLT to expedite MCA inquiry on FHRAI executive committeeIn August last year, NCLT’s principal bench, New Delhi had passed an order wherein it directed MCA to look into the affairs of FHRAI and ex...
- NCLAT admits Oyo appeal against CCI penalty subject to 10% deposit of the penalty amountCCI had imposed a Rs 169 crore penalty on Oyo
- FHRAI urges Sebi again to suspend OYO's IPO processEarlier in October, FHRAI had urged Sebi to suspend OYO's IPO process, drawing attention to irregularities, such as being engaged in anti-c...
- Truecaller goes public; CarDekho heads for unicorn clubTruecaller, the Swedish-yet-desi company that changed the way we all use our phones, made its debut on Nasdaq Sweden earlier today with a m...
- SC to hear hotelier’s appeal against tribunal’s Oyo order on Oct 21Mona Agrawalla, who runs the Central Courtyard Resort in Siliguri, had challenged NCLAT’s dismissal of an insolvency case against Oyo in th...
- Oyo's aggrieved hotel owners planning to approach Sebi after co files DRHP papersFederation of Hotel & Restaurant Associations of India, which had filed a complaint against the company in the CCI, said the investigation ...
- Zomato may advance IPOIn today's ETtech Morning Dispatch: Zomato may advance its IPO, Indian SaaS can be a trillion-dollar market by 2030; and PayPal Ventures le...
- Oyo wins, Ravi Shankar Prasad resignsIn today’s ETtech Top 5 newsletter: NCLAT sets aside Oyo insolvency case; Ravi Shankar Prasad resigns as part of cabinet reshuffle; Binance...
- NCLAT allows withdrawal of Oyo insolvency case in setback to hoteliersOyo has reached an out-of-court settlement with hotelier Rakesh Yadav, but scores of others had approached NCLT with claims against the com...
- NCLAT allows hotels’ body to intervene in insolvency of OYO unitFHRAI said it had filed an application on behalf of its member hotels in India, who were operational creditors and were “suffering hugely” ...
- FHRAI says allowed by NCLAT to intervene in OYO unit insolvencyThe tribunal has also allowed the FHRAI to make its oral submissions on June 2, 2021. The total claims registered with Interim Resolution P...
- Oyo's creditors file yet-to-be-verified claims worth around Rs 160 crore to NCLTOyo says claims await evaluation basis factual evidence, and could be rejected by IRP
- SGX Nifty down 15 points; here's what changed for market while you were sleepingAsian markets were largely mixed on Friday after technology stocks lifted the S&P500 index to a new record even as investors weighed an une...
- Oyo subsidiary gets NCLAT reprieve in bankruptcy caseNCLAT has ordered a stay on the formation of the committee of creditors in the bankruptcy proceedings Oyo Hotels & Homes Pvt. Ltd., the sub...
- Oyo squashes rumours of bankruptcy following an NCLT order"The creditors of Oyo Hotels & Homes are hereby called upon to submit their claims before April 15 to the interim resolution professional,"...
- Gujarat HC stays March 9 CCI order concerning MakeMyTrip, Oyo, othersOyo argued that the order was passed by CCI without giving an opportunity to the company to be heard and was in violation of the principles...
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