Insta
OYO Founder, Six Others Booked For Allegedly Duping A Hotelier Of Rs 35 Lakh
Swarajya Staff
Nov 06, 2019, 11:53 AM | Updated 11:53 AM IST
Save & read from anywhere!
Bookmark stories for easy access on any device or the Swarajya app.
A hotelier has filed a complaint against the founder and CEO of OYO Hotels and Homes Ritesh Agarwal and six others in Bengaluru for allegedly not paying rent amounting to over Rs 35 lakh on the rooms rented for past five months, reports Business Today.
The complainant, named Betz Fernandez, has alleged that as per the agreement between the two parties, OYO had booked rooms at his Hotel named Roxel Inn in Domlur and agreed to pay Rs 7 lakh per month.
However, since May OYO did not pay him any rent thereby duping him to the tune of Rs 35 lakh, he alleged.
Besides Ritesh Agarwal, police have booked Rohit Srivastava, head of OYO South, heads of business development Madhvendra Kumar and Gourab De, OYO Finance Officers Prateek Agarwal, Manjeet Singh, and Mrimony Chakraborty.
Responding to the matter, OYO released a statement asserting that Fernandez is “using improper means to sensationalise a civil dispute and garner attention” out of it. The company's statement also read that its lawyers were looking into the matter to take a strong legal action against the complaint as the claims were “incorrect” and defamatory.
Save & read from anywhere!
Bookmark stories for easy access on any device or the Swarajya app.
Introducing ElectionsHQ + 50 Ground Reports Project
The 2024 elections might seem easy to guess, but there are some important questions that shouldn't be missed.
Do freebies still sway voters? Do people prioritise infrastructure when voting? How will Punjab vote?
The answers to these questions provide great insights into where we, as a country, are headed in the years to come.
Swarajya is starting a project with an aim to do 50 solid ground stories and a smart commentary service on WhatsApp, a one-of-a-kind. We'd love your support during this election season.
Click below to contribute.