The Delhi High Court dismissed Zostel's latest petition against PRISM on July 8. This marks Zostel's ninth unsuccessful judicial attempt in their ongoing dispute. The court previously set aside an arbitral award favoring PRISM's position. PRISM has made all necessary disclosures for its IPO process.

Zostel has sought that the market regulator examine whether the disclosures meet the standards of completeness, fairness and materiality required under securities laws.

The Delhi High Court dismissed Zostel's latest petition against PRISM on July 8. This marks Zostel's ninth unsuccessful judicial attempt in their ongoing dispute. The court…

BENGALURU: Delhi high court has listed hostel chain Zostel's appeal against IPO-bound hospitality firm Oyo for hearing on Aug 12, while disposing of an interim application Zostel…