OYO vs ZO Rooms: Zostel says it won 3-year legal battle over alleged agreement breach; OYO refutes

OYO vs ZO Rooms: Zostel says it won 3-year legal battle over alleged agreement breach; OYO refutes

According to Zostel, while ZO Rooms completed its obligation under the agreement and transferred the business but OYO failed to transfer 7 per cent to the ZO Room’s shareholder that eventually led to the recently concluded arbitration. However, OYO maintained that there is no relief to ZO Rooms in terms of getting any OYO share ownership.
Check the source here –Source, Financial Express.

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