Oyo)Rooms_budget_hotel

Oyo Quashes Bankruptcy Rumors after NCLT accepts Petition against its Subsidiary

Budget hotel room major Oyo Rooms has categorically rejected Bankruptcy rumors, which began to spread after NCLT accepted insolvency petition against one of Oyo’s subsidiaries. For all those who are not aware, NCLT on Wednesday accepted insolvency petition against Oyo subsidiary Oyo Hotels and Homes Pvt Ltd. The petition has been filed by Hyderabad based creditor…

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