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McDonald's Vikram Bakshi dispute News
McDonald's Vikram Bakshi dispute
NCLT asks McDonald's to file reply in 10 days on contempt plea
Thu, Sep 28, 2017
While listing the matter for next hearing on October 23, the tribunal has also granted Bakshi a week's time to file rejoinder.
UK arbitration court to Bakshi: Sell CPRL stake to McDonald's
Thu, Sep 14, 2017
In its 2:1 majority award, the arbitration panel has asked Bakshi to transfer his 1,45,600 shares in the 50:50 joint venture Connaught Plaza Restaurant Ltd (CPRL) to McDonald's India at a fair valuation in accordance with their JV agreement, they said.
McDonald's row: NCLAT refuses to pass interim order
Thu, Sep 07, 2017
This means the fate of 169 McDonald's stores in north and east India hangs by a thread as CPRL's licence to operate the outlets lapsed on September 5.
NCLAT intervenes in McDonald's, Vikram Bakshi dispute; asks both to wait till August 30
Fri, Aug 25, 2017
The NCLAT has directed both McDonald's and Vikram Bakshi to not take any action against each other till August 30.