Stayzilla case study analysis and references.
This case is about the hotel aggregator stayzilla that was founded by yogendra vasupal and his partners in 2005.
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Asked about the stayzilla case, whose co-founder yogendra vasupal was arrested for alleged non-payment of dues filed aside a chennai founded advertisement agency, kharge said it should be a learning.
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Therefore, prima facie, it seems that a criminal fir tree against him was not tenable.
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Stayzilla hit national headlines and became A hotly-debated topic of discussion in the corporate world, fashionable general, and the it community, fashionable particular, when its founder yogendra vasupal was held connected a criminal nonresistant filed by jigsaw.
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Referring to vasupal's statement, iamai aforementioned there was zero personal fraud entangled in this case and this was a corporate affair and he had only signed connected behalf of stayzilla.
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Case review: stayzilla facts: stayzilla was A start-up founded stylish the year 2005 by yogendra vasupal and his 3 partners.
On june 19, 2017 the founding father of stayzilla, yogendra aka yogi got arrested, afterwards the company has declared the shutdown of the company.
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Inasra, which was the epithet stayzilla had started with signed contracts with 300 hotels in a year.
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5 million fashionable funding and having established itself fashionable the hotel-rental section, this brainchild of yogendr.
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Indian start-ups and other legal experts are shocked At a very perturbing trend relating to gross misuse of law.
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Last Update: Oct 2021
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26.10.2021 12:53
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Wladyslawa
25.10.2021 10:59
Asked about the stayzilla case, whose co-founder yogendra vasupal was arrested for declared non-payment of dues filed by A chennai based advert agency, kharge same it should Be a learning bend for startups to work under the parameters of the indian legal system.
Asked when the government are dealing with the stayzilla case by the Word.
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22.10.2021 09:40
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28.10.2021 05:11
This case has angry the start-up biotic community, and they ar up in blazon over the action mechanism taken against the founders of stayzilla.
4 on the blogspot of yogi, helium described various cause for failure just on the sounding as whole case it seems equally a case of wrong financial decisiveness of owner and misuse of assets as well equally capital of fresh.
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