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FACT CHECK: OYO files for bankruptcy? Here s the truth FACT CHECK: OYO files for bankruptcy? Here s the truth The NCLT has ordered the commencement of a corporate insolvency resolution process of OYO Hotels and Homes Private Limited. Share Updated: Apr 7, 2021, 01:17 PM IST In a surprising development, it was reported by several websites on Tuesday (Aril 6) that OYO has filed for bankruptcy under IBC 2016 and the NCLT has ordered the beginning of a corporate insolvency resolution process of OYO Hotels and Homes Private Limited. Oyo founder and CEO Ritesh Agarwal has rejected the reports that Oyo has filed for bankruptcy and termed the news as fake. There is a PDF and text message circulating that claims OYO has filed for bankruptcy. This is absolutely untrue and inaccurate. A claimant is seeking INR 16Lakhs (USD 22k) from OYO s subsidiary leading to a petition at NCLT, he said in a series of tweets.

Ritesh agarwalOyo hotelsHomes privateரித்தேஷ் அகர்வால்ஓயோ ஹோட்டல்வீடுகள் ப்ரைவேட்