Latest News on Connaught Plaza Restaurants
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Connaught Plaza Restaurants - Total results - 8
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.
Jun 29, 2017
McDonald's, partner squabble: 43 outlets to shut down in Delhi; 1,700 employees set to lose jobsMcDonald's has said that licences of number of its restaurants operating in Delhi have expired
Dec 04, 2014
Delhi HC stays CLB order on McDonald's-Bakshi disputeThe Delhi High Court has stayed a Company Law Board (CLB) order to transfer the litigation between McDonald's and Vikram Bakshi, estranged North and East India partner of US fast-food giant, to the Chennai bench of CLB.
Sep 17, 2013
McDonald's vs Bakshi: This legal battle is far from overEstranged managing director of Connaught Plaza Restaurants that runs McDonald's chain in North and East India, Vikram Bakshi, is now facing another legal battle as the government backed lender Housing and Urban Development Corporation (Hudco) has moved the court against him after a loan default after he failed to meet loan obligations worth Rs 80 crore.
Sep 13, 2013
McDonald's spat with Vikram Bakshi gets murkier: All you need to knowBakshi, who holds a 50-percent stake in Connaught Plaza Restaurants Ltd, moved the Company Law Board (CLB) on Monday seeking a stay on his removal and submitted that he cannot be removed as MD of Connaught Plaza Restaurants through a general meeting of the company but only via a a meeting of shareholders of the company in accordance with law.