 "McD, McDonald's")
The National Company Law Appellate Tribunal (NCLAT) on Friday asked US fast food giant McDonald’s and its estranged Indian joint venture (JV) partner Vikram Bakshi to consider settling their dispute between themselves.
Putting off the matter for next hearing on August 30, the tribunal asked McDonald’s to give an undertaking that its 169 outlets in north and east India will be allowed to function till the negotiations are on.
The tribunal also asked Bakshi to give an undertaking that he would not pursue the criminal cases filed in India against McDonald’s executives when they come for negotiations. The parties will
