ArbitrationIndia

Delhi High Court Arbitration Rules 2023
Legislation UpdatesRules & Regulations

Delhi High Court has unveiled the Draft Arbitration Rules, 2023, inviting public feedback until 05-07-2025. The draft aims at streamlining arbitration procedures and enhancing institutional efficiency, laying down comprehensive filing norms, encouraging institutional arbitration, and more.

Delhi High Court
Case BriefsHigh Courts

The core dispute between OYO and Zostel arose from a Term Sheet dated 26-11-2015, which proposed OYO’s acquisition of Zostel’s business. While Zostel claimed to have fulfilled its obligations and sought specific performance, OYO argued the Term Sheet was non-binding and lacked enforceable terms.