wordpress blog stats
Connect with us

Hi, what are you looking for?

, ,

StayZilla CEO Vasupal’s bail plea rejected by Chennai special court: report

It’s been more than a week since StayZilla founder Yogendra Vasupal has been taken into police custody over allegations of non-payment of dues. This ET report said that a Special court today denied a bail plea, submitted by Vasupal himself on Monday. Vasupal was taken into police custody last week after Jigsaw Solutions, a media agency filed a case against Vasupal under sections of the law relating to criminal fraud and breach of trust. The report added that Vasupal’s lawyers are looking at alternate options for the bail. Stayzilla announced last month that it would be shutting down operations and rebooting with a new business model. In a Medium post last week, Vasupal alleged that he and his colleagues were threatened by his landlord and that Jigsaw Solutions has framed charges against him. A TOI report pointed out that Stayzilla defaulted in paying out Rs 1.72 crore to Jigsaw, although Vasupal said in his Medium post that the dues were not settled due to “deficiency of service” provided by Jigsaw. Aditya CS, owner of Jigsaw advertising later retraced stating that Vasupal’s claims are false and that Stayzilla never informed it about “deficiency of services” offered to them, according to a report by TheNewsMinute. Bangalore office was shut down a month ago Apart from this, Vasupal also mentioned posted video proof in his Medium post claiming that his landowner (in Bangalore) threatened to shoot him and his colleague with a revolver gun over disagreements of rental payment. MediaNama had visited the premises in…

Please subscribe/login to read the full story.
Written By

Free Reads

News

The unit is also set to "identify suitable cases for defence applications by fostering collaboration with academia and industry."

News

A recent report by CDCL presents ex-ante rules as existing in a complementary relationship with ex-post rules, where sectoral authorities would “set the rules...

News

Amazon and Flipkart are opposing untested ex-ante regulations modeled according to the EU Digital Markets Act in India, saying the current system is already...

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

NPCI CEO Dilip Asbe recently said that what is not written in regulations is a no-go for fintech entities. But following this advice could...

News

Notably, Indus Appstore will allow app developers to use third-party billing systems for in-app billing without having to pay any commission to Indus, a...

News

The existing commission-based model, which companies like Uber and Ola have used for a long time and still stick to, has received criticism from...

News

Factors like Indus not charging developers any commission for in-app payments and antitrust orders issued by India's competition regulator against Google could contribute to...

News

Is open-sourcing of AI, and the use cases that come with it, a good starting point to discuss the responsibility and liability of AI?...

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ