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The Supreme Court on Wednesday dismissed Zostel’s petition challenging Delhi High Court’s previous ruling in its ongoing dispute with Oyo (Oravel Stays Ltd).
A bench comprising Justice Sanjay Kumar and Justice Satish Chandra Sharma dismissed Zostel’s special leave petition against the High Court order. The Delhi High Court’s ruling setting aside the Arbitration award of 2021 currently continues to operate effectively barring any rights or claim of Zostel against Oyo.
This litigation originated from a 2015 non-binding term sheet involving…
