Vikram Bakshi, McDonald's begin fresh war; NCLAT will hear case on Sept 21

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

A furious war of words has begun again between estranged joint venture partners Vikram Bakshi and McDonald’s India (MIPL) over the closure of 169 stores in the north and east of India.

This follows MIPL terminating the licence agreement with Connaught Plaza Restaurants Ltd (CPRL) last month, pushing Bakshi to challenge the termination first in the National Company Law Tribunal (NCLT) and then the National Company Law Appellate Tribunal (NCLAT).

While Bakshi’s plea challenging the termination will be heard on September 21 in the NCLAT alongwith MIPL’s application challenging Bakshi’s reinstatement as MD of CPRL, the latter has said the