OYO says an angry creditor has dragged the $9 billion startup to court over a ₹16 lakh dispute

Ritesh Agarwal-led OYO has not filed for bankruptcy. A Gurugram-based creditor has initiated insolvency proceedings against the $9 billion company and The National Company Law Tribunal has admitted the petition against OYO’s subsidiary Oyo Hotels and Homes Pvt Ltd.
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