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Connaught Plaza Restaurant Ltd

126 McDonald's outlets in north, east India continue to operate fully: Vikram Bakshi

McDonald's estranged partner Vikram Bakshi has claimed that 126 outlets in north and east India continue to operate fully even as the US-based fast food chain said it was taking action to enforce cancellation of its franchise licence. According to...

NCLAT refuses to pass interim order on Vikram Bakshi's plea

The National Company Law Appellate Tribunal on Thursday refused to pass any interim order on estranged partner Vikram Bakshi's plea against termination of franchise licence agreement by US-based fast food chain McDonald's. According to a PTI report: This means the...

CPRL board to meet on Wednesday to decide the fate of 169 McDonald's

The board of Connaught Plaza Restaurant Ltd (CPRL), the 50:50 joint venture between McDonald’s India and its estranged partner Vikram Bakshi, will meet tomorrow amid uncertainty over the fate of 169 outlets of the fast food chain run by...

NCLT reserves orders over Bakshi's pleas against McDonald's

The National Company Law Tribunal has reserved orders over two contempt pleas filed by Vikram Bakshi in his ongoing fight against McDonald's. According to a PTI report: Bakshi, the estranged partner of the US fast food chain, had filed a...

Settlement with Vikram Bakshi not possible, McDonald's tells NCLAT

Fast food chain McDonald's has informed the NCLAT that settlement of dispute with Vikram Bakshi, its joint venture partner for north and east India, is not possible. According to a PTI report: The National Company Law Appellate Tribunal (NCLAT), which...

McDonald’s challenges order to reinstate Vikram Bakshi

McDonald's India said it has challenged before the NCLAT, the order of National Company Law Tribunal (NCLT) reinstating estranged partner Vikram Bakshi as Managing Director of its joint venture, CPRL. According to a PTI report: Connaught Plaza Restaurant Ltd (CPRL)...

McDonald's CPRL part ways, 169 outlets, thousands of jobs in jeopardy

McDonalds India on Monday announced it had terminated its franchise agreement with Vikram Bakshi's Connaught Plaza Restaurants. The 169 restaurants operated by the latter will have to stop using the McDonlad's brand name within 15 days. Connaught Plaza Restaurants Pvt...
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