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.