Delhi High Court sets aside arbitral award entitling Zostel to 7% stake in OYO

Delhi High Court Sets Aside Arbitral Award Granting Zostel Stake in OYO: The Delhi High Court delivered a significant judgment setting aside an arbitral award that had granted Zostel Hospitality Private Limited a 7% stake in Oravel Stays Limited (OYO). The court's decision involved a detailed examination of the limitations of arbitration in resolving complex corporate shareholding disputes and the methodologies used for valuation in such cases. This ruling highlights the judiciary's role in scrutinizing arbitral awards, particularly when they involve significant corporate restructuring and equity stakes.