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In a new twist to an ongoing battle between the partners, a move by McDonald’s to appoint one of the executives in the joint venture company as an authorised signatory for renewal of licences has hit a roadblock with an employee refusing the offer.
As many as 43 McDonald’s stores in Delhi and adjoining regions had to shut shop on June 29 because their health and eating licences were not renewed even after the deadline expired.
The move to find a non-board member was pushed through in a board meeting at Connaught Place and Restuarants Ltd (CPRL), after Indian joint
