CPRL on May 20 had announced the reopening of 13 restaurants in Delhi NCR.
22 Jun 2019 11:23 AM
All other restaurants in North and East region would remain closed.
20 May 2019 9:14 AM
McDonald's has written to its suppliers not to supply food or packaging to restaurants run by CPRPL.
11 Jan 2018 2:37 PM
CPRL is a 50:50 joint venture between McDonald's India Pvt Ltd (MIPL) and Bakshi.
26 Dec 2017 3:02 PM
NCLAT adjourned the hearing on Vikram Bakshi's plea for a fair valuation of his stake at the joint venture CPRL.
25 Oct 2017 3:47 PM
Bakshi had moved the contempt plea alleging that McDonald's decision to terminate his franchise licence.
14 Oct 2017 12:10 PM
There has been uncertainty over the fate of McDonald's outlets operated by CPRL after McDonald's terminated its license with CPRL.
21 Sep 2017 4:30 PM
CPRL is a 50:50 joint venture between McDonald's and Vikram Bakshi.
18 Sep 2017 4:18 PM
McDonald's appointed London-based judge Ian Hunter on the panel while Bakshi had appointed Justice Vikramajit Sen.
14 Sep 2017 7:28 PM
The international tribunal has also rejected Bakshi's claim that McDonald's India did not validly terminate the JV.
14 Sep 2017 9:36 AM
McDonald's had last month terminated franchise licence of 169 outlets operated by CPRL.
13 Sep 2017 5:56 PM
McDonald's India had given time till September 5 to CPRL to operate, post which it said the franchise was barred from using its brand.
10 Sep 2017 2:13 PM
McDonald's, which had last month terminated franchise pact, essentially meant the 169 outlets cannot use its trademark.
07 Sep 2017 9:04 PM
The fate of 169 McDonald's stores in north and east India hangs by a thread as CPRL's licence to run them lapsed on September 5.
07 Sep 2017 4:45 PM
On August 21, McDonald's India had terminated franchise agreement for 169 outlets run by Connaught Plaza Restaurants Ltd (CPRL).
06 Sep 2017 7:54 PM
On Tuesday, the NCLT had dismissed Bakshi's petition against cancellation of franchise licence agreement to CPRL.
06 Sep 2017 12:51 PM
Already 43 outlets of McDonald's in the Capital have been closed since June following expiry of eating house license.
05 Sep 2017 8:56 PM
McDonald's had on August 21 terminated franchisee agreement for the 169 outlets in north and east, operated by CPRL.
30 Aug 2017 7:20 PM
CPRL cannot use McDonald's name, trademark and design, among others, after September 6.
27 Aug 2017 11:32 AM