OYO says creditors have ‘no grounds’ to claim disputes of INR 250 Cr in ongoing insolvency plea

Almost two months after one of OYO’s subsidiary unit OYO Hotels and Homes Private Limited was dragged to tribunal court under the bankruptcy and insolvency code, multiple creditors have filed claims amounting to INR 250 Cr, Inc42 has learnt from multiple sources aware of the development. OYO, however, denied unverified claims made by several creditors on its ongoing insolvency case filed against it back in April 2021.