Case Details

  • Case name: OYO Hotels and Homes Pvt. Ltd v. Praveen Juneja & Ors.
  • Petition: Special Leave to Appeal (C) No. 18505/2026.
  • Court: Supreme Court of India.
  • Order date: 27-05-2026.
  • Related High Court judgment: OMP(COMM) No. 393/2025 dated 18-03-2026.
  • Period of dispute: Not specified.

Parties Involved

  • Petitioner: OYO Hotels and Homes Pvt. Ltd.
  • Respondents: Praveen Juneja & Ors.
  • Counsel for petitioner: Mr. Dhruv Mehta, Sr. Adv.; Mr. Abir Phukan, Adv.; Mr. V. Shyamohan, Adv.; Mr. Anubhav Ray, Adv.; Ms. Rishika Radhakrishnan, Adv.; Mr. Shamik Sanyal, Adv.; M/S. Kmnp Law AOR.
  • Bench: Hon'ble Mr. Justice Pamidighantam Sri Narasimha and Hon'ble Mr. Justice Alok Aradhe.

Issues / Allegations / Violations

  • The High Court stayed the award and directed the petitioner to deposit the award amount with up‑to‑date interest, without ordering any withdrawal.
  • OYO Hotels sought relief from the Supreme Court to set aside the High Court’s interim stay.

Findings & Observations

  • The Supreme Court observed that the High Court’s interim order merely required deposit of the award amount with interest and did not direct withdrawal.
  • The Court was not inclined to interfere with the High Court’s interim order.

Penalties / Settlements / Directions

  • No new monetary penalty was imposed by the Supreme Court.
  • The direction to deposit the award amount with applicable interest remains in force.

Corrective Actions & Future Obligations

  • OYO Hotels and Homes Pvt. Ltd. must continue to keep the award amount deposited with interest as per the High Court’s order.

Final Ruling & Enforcement

  • The Special Leave Petition is disposed of.
  • Any accompanying interlocutory applications, if filed, are also disposed of.
  • The High Court’s interim stay of the award stands unchanged.