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Repayment worries: Lenders' debt recast plan for MEP Infra hinges on a green light at the toll boothMIPL, a part of the Jayant Mhaiskar-promoted MEP Infrastructure Developers (MIDL), owes lenders led by IDFC First Bank more than ₹2,600 cro...- NCLAT directs Vikram Bakshi to file affidavit on amount received from McDonald's for his shares"On the basis of the affidavit, we may decide, whether to allow the agreement and others with MIPL," said NCLAT.
- McDonald's buys Vikram Bakshi's 50% stake in Connaught Plaza RestaurantsWith the transfer of ownership and management, Bakshi ends his over-two-decade-old association with CPRL and McDonald’s.
- NCLT seeks McDonald's reply to notice on contempt pleaA two-member bench of the NCLT headed by its President Justice M M kumar listed the matter for hearing on February 7, 2018.
- Can't verify standards at CPRL outlets: McDonald'sVikram Bakshi alleged that the American fast food giant seemingly has “double standards” when it comes to food safety and supplies for “thi...
- McDonald's dispute: Singhvi writes to CPRL logistics partner to resume supplyMcDonald's estranged JV partner Vikram Bakshi said nearly all outlets of the food chain in East India have been shut and several others in ...
- All McDonald's east India outlets shut on supply crunch: Bakshi"Almost all the outlets in east India have been shut because of the move by logistics partner, and others (in north India) are also under p...
- McD’s Vs Bakshi: NCLT adjourns hearing of pleaMIPL, a subsidiary of McDonald’s had filed a writ petition before the High Court questioning the validity of the contempt notice issued by ...
- HC seeks Vikram Bakshi's reply on McDonald's plea to enforce arbitral awardBakshi's lawyers, including senior advocate N K Kaul, said there was no need to extend the 2013 order as it still continues to operate sinc...
- CPRL to pursue legal recourse against licence scrapping: Vikram BakshiThe board of CPRL had met yesterday to discuss the future course of action following the termination of the franchise agreement by McDonald...
- McDonald's-Bakshi row: UK panel for fair valuation of JVThe partners had resorted to arbitration after McD's in Nov 2013 issued a notice to terminate partnership with Bakshi for setting up and op...
- McDonald's asks suppliers not to deal with CPRLMcDonald's India Pvt Ltd (MIPL) had last month terminated franchise licence of 169 outlets operated by Connaught Plaza Restaurants Ltd (CPR...
- McDonald’s writes to suppliers, CPRL's Vikram Bakshi calls it 'indirect pressurising'CPRL must cease the use of the McDonald’s system effective September 6. CPRL is not permitted to operate McDonald’s restaurants,” a McDonal...
- McDonald's exploring legal option post-NCLT verdict on Vikram Bakshi"We respect the decision of the NCLT. We are examining the judgement and exploring our legal options in the matter," said MIPL in an offici...
- 43 McDonald's outlets ran sans valid licence since Apr: Ex Indian partner Vikram BakshiBakshi said the health licence was necessary to be obtained from local municipal bodies to run the restaurants for water hygiene and proper...
- McDonald’s trying to get back licences, says no job lossesConnaught Plaza Restaurants Pvt Ltd (CPRL), McDonald’s licensee in North and East India, suspended operations of the restaurants that lost ...
- MEP Infra IPO subscribed 33% on second dayThe Rs 324-crore public offer received bids for 1,32,36,300 shares against the total issue size of 4,02,89,225 shares.
- MEP Infra IPO sees 18% subscription on first dayThe Rs 324-crore public offer received bids for 70,83,000 shares against the total issue size of 4,02,89,225.
- McDonald’s termination notice violates CLB order: Vikram BakshiA Dec 3 letter from Robert Larson, senior VP and IR partner at McDonald’s Corp addressed to McDonald’s Delhi team, said the JV had been ter...
- Etisalat says it never controlled Etisalat DBEtisalat today said the company never obtained control of EDB because authorities in India did not permit it to pay control premium to MIPL.
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