September 15, 2020

OYO: Delhi HC directs Oyo to furnish affidavit of unencumbered belongings for Anam Datsec



NEW DELHI: Within the matter regarding Oyo Resorts & Houses and hospitality firm Anam Datsec, the Delhi Excessive Court docket, by way of an order handed on August 20, directed Oyo to furnish a replica of the affidavit of unencumbered belongings for petitioner Anam Datsec.

On receiving the affidavit, Anam Datsec is meant to file an enterprise in court docket that the affidavit of Oyo’s unencumbered belongings shall solely be utilized by the corporate for the aim of the proceedings and the contents shall not be divulged to any individual not linked with the proceedings as a consultant and counsel.

The order was handed within the contempt of court docket petition filed towards Oyo, its founder Ritesh Agarwal and administrators Rakesh Kumar and Anuj Tejpal within the Delhi Excessive Court docket by Anam Datsec for not submitting a listing of its unencumbered belongings.

The Delhi Excessive Court docket had requested SoftBank-backed Oyo on July 7 to file a listing of its unencumbered belongings inside two weeks within the case filed by Anam Datsec citing non-payment of dues by Oyo for its Golden Sands property in Calangute, Goa, and searching for over Rs eight crore in damages from the corporate.

In response to the July 7 order, Oyo was alleged to submit an affidavit of its unencumbered belongings together with its response to Anam Datsec and ship the same affidavit in a sealed cowl to the registry.

Anam Datsec filed a contempt of court docket petition towards Oyo because it claimed it didn’t get the affidavit of unencumbered belongings. Oyo mentioned it will not be capable to present any feedback on the matter. Anam Datsec mentioned it can’t touch upon the matter as it’s subjudice.