Cheating case filed against Oyo founder Ritesh Agarwal, six others over dues – Livemint


Bengaluru: A dishonest case has been registered in opposition to OYO Motels & Properties founder Ritesh Agarwal and 6 others based mostly on a criticism by a hotelier who has alleged that the agency didn’t pay lease for rooms for the previous 5 months, police stated on Monday.

In his criticism, Betz Fernandez, who owns Roxel Inn at Domlur right here, said that OYO had booked rooms and had agreed to pay 7 lakh per thirty days. Nevertheless, since Might OYO didn’t pay him any lease thereby duping him to the tune of 35 lakh, he alleged. In addition to Ritesh Agarwal, police have booked Rohit Srivastava, head of OYO South, heads of enterprise improvement Madhvendra Kumar and Gourab De, OYO Finance Officers Prateek Agarwal, Manjeet Singh and Mrimony Chakraborty. They’ve been requested to seem earlier than the investigating officer on Thursday, police stated.

The OYO Motels & Properties stated in an announcement that they may file a counter criticism in opposition to the Bengaluru lodge proprietor for “utilizing improper authorized means to sensationalise a civil dispute and get consideration.” “Our legal professionals are trying into the matter and will probably be taking sturdy authorized motion as these claims are incorrect and defamatory in nature.”

Acceptable legal proceedings will probably be initiated in opposition to the Bengaluru proprietor, the corporate stated. “We always observe the legal guidelines of the land and function protecting in thoughts the most effective pursuits of our asset homeowners, prospects and staff,” it said. “On finding out an identical matter the place an FIR was wrongfully filed in September, the honourable Karnataka Excessive Courtroom not too long ago stayed the opposed actions by way of an injunction in Bengaluru. We, due to this fact, have sturdy causes to repose our religion within the justice system.”

  FIR against OYO CEO for allegedly cheating Bengaluru hotel owner - The News Minute

This story has been printed from a wire company feed with out modifications to the textual content. Solely the headline has been modified.

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