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Latest News on Connaught Plaza Restaurants
Showing of 0 - 10 from 14 results
Connaught Plaza Restaurants - Total results - 14
Jul 10, 2019
NCLAT directs Vikram Bakshi to file affidavit within a week on amount received from McDonald's for his sharesBakshi and McDonald's India Pvt. Ltd had approached the NCLAT to withdraw cases filed against each other for management control of Connaught Plaza Restaurants Pvt Ltd.
May 28, 2019
NCLAT gives 4 weeks to Vikram Bakshi to settle dispute with HUDCO, says last chance to resolve issuesBoth McDonald's and Bakshi had moved to withdraw cases filed against each other before the NCLAT to settle their dispute, which was then opposed by HUDCO claiming dues of Rs 195 crore on Bakshi.
May 21, 2019
McDonald's reopens 13 stores in Delhi-NCR, permanently removes some of the least popular items from menuMcDonald has also taken Maaza beverage off the list, a fruit-based drink brand from Coca-Cola
May 20, 2019
Debt Recovery Tribunal asks estranged partner Vikram Bakshi, McDonald's India to appear before itEarlier this month, McDonald's reached an out-of-court settlement with Bakshi, buying out Connaught Plaza Restaurants from the joint venture
May 09, 2019
McDonald's strikes out-of-court settlement with Vikram Bakshi; buys out former Indian partner from joint ventureCPRL is now wholly owned by McDonald's India Pvt Ltd and its affiliate (McDonald's Global Markets LLC, MGM), following the completion of a settlement reached with Bakshi.
May 08, 2019
McDonald's to get full control of 165 outlets run by Vikram Bakshi as former partners hint at clinching a settlement soonOn Monday, estranged partners McDonald's and Bakshi told the NCLAT that they were working towards an out-of-court settlement to end their over the five-year-old dispute.
Sep 08, 2017
All 169 McDonald's outlets to function as usual, insists Vikram Bakshi after NCLAT denies relief; battle heightensMcDonald's, however, said it would enforce its legal right to refrain Vikram Bakshi from using its name, system, trademark, designs and its associated intellectual property
Sep 06, 2017
McDonald's 169 outlets face closure today; Vikram Bakshi to move NCLAT as 10,000 jobs hang in balanceThe termination notice period ended on 5 September. Store owners such as DLF have started serving notice for vacation to outlets
Aug 22, 2017
McDonald's to shut 169 outlets amid dispute with Vikram Bakshi co; 10,000 jobs may be lostThe move will further dent McDonald's share of India's booming quick service restaurants market, where it has already been losing ground to rivals like Domino's Pizza
Jul 14, 2017
Setback for McDonald's as law tribunal reinstates Vikram Bakshi as Connaught Plaza MDBakshi was at loggerheads with the US-based fast food chain over the management of CPRL.