Vikram Bakshi-McDonald's Battle

It also directed Vikram Bakshi not to leave country without its permission

Appellate tribunal says deal with McDonald's India will be cancelled if dues are not settled

Bakshi had filed a contempt petition alleging that termination of the licence has violated the NCLT order

Justice Sanjeev Sachdeva issued notice to Bakshi and sought his response to the plea by December 7

Bengaluru will be the second city after Mumbai where these stores will be unveiled

We have to see whether it's an operational mismanagement or arbitral dispute: NCLAT

The international arbitration tribunal in London has rejected Bakshi's claim

International arbitration tribunal in London has also rejected Vikram Bakshi's claim that McDonald's India did not validly terminate JV

To decide if outlets can be kept open till matter is settled in courts

Bakshi says 169 stores will remain open, McDonald's says it will take steps to enforce termination

Case relates to termination of licenses of 169 outlets across India

Almost 6,500 people are directly employed by CPRL to run the 169 affected stores

NCLT had issued a show-cause notice to fast food chain McDonald's

NCLT to hear the new plea on Thursday and decide if the fresh appeal is proper

We are proceeding with exercising our legal and contractual rights, says Bakshi

The National Company Law Tribunal's principal bench has issued a showcause notice to fast food chain McDonald's, for not following an earlier order that it not interfere in the running of outlets given on franchise. In a previous order, the NCLT had said Vikram Bakshi should be reinstated as managing director of the joint venture, Connaught Plaza Restaurants Pvt Ltd (CPRL), between McDonalds and Bakshi. And, that all restaurants in the country's north and east function smoothly without hindrance. The tribunal felt McDonald's had violated this order and has asked it to respond on September 20.NCLT, however, also dismissed a case filed by Vikram Bakshi against McDonald's, on the ground that an appeal had already been filed before it on the dispute between the partners. The appeal was against McDonald's terminating the franchise agreement with CPRL for the markets in the north and east.Bakshi and McDonald's have been at loggerheads since 2013, when he was formally ousted as MD. Despite .

NCLT also dismisses Bakshi's plea challenging termination of franchise agreement by McDonald's