Arbitral Award Against OYO On Dispute With Zostel Flouts Public Policy: Delhi HC...

The Delhi High Court has set aside an arbitral award that was previously given in favor of Zostel in its long-standing dispute with OYO Hotels & Homes. The court ruled that the arbitral award was in violation of the public policy of India, although the specific aspects of the public policy violation were not detailed in the summary. This decision marks a significant development in the legal battle between the two hospitality companies, with the High Court effectively overturning the decision of the arbitral tribunal. The ruling suggests that the court found fundamental issues with the award that warranted its annulment based on broader legal principles.