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    • Vikram Bakshi, ex-McDonald’s India head, invests in food startup AKU’s: Report

      A post on one of the Brrgrr Co's social media pages announced that it had raised funds from Bakshi. According to the company's website, Brrgrr Co sells hand-crafted buns, patties, and sauces, co-founded by Delhi-based chef Akriti Malhotra in 2020.

    • NCLAT orders review of McDonald's-Vikram Bakshi settlement

      A two-member NCLAT bench headed by Chairperson Justice SJ Mukhopadhaya also asked Bakshi not to leave the country without its permission

    • NCLAT gives 4 weeks to Bakshi to settle dispute with HUDCO

      The tribunal also directed Bakshi to file a report on the development by filing an affidavit in the matter before it.

    • HUDCO approaches NCLAT to recover dues from Bakshi

      HUDCO claims that it had given Rs 60 crore loan to Bakshi for his hospitality company, Ascot Hotels Pvt Ltd and the loan account turned into NPA (non performing asset).

    • McDonald's strikes out-of-court settlement with Vikram Bakshi

      Connaught Plaza Restaurants Pvt Ltd (CPRL) is now wholly owned by McDonald's India Pvt Ltd (MIPL) and its affiliate (McDonald's Global Markets LLC, "MGM"), following the completion of a settlement reached with Bakshi, the company said in a statement.

    • NCLT direct McDonald's to reply show cause notice for contempt

      A two-member bench of the NCLT headed by its President Justice M M kumar listed the matter for hearing on February 7, 2018.

    • HC rejects McDonald's plea against NCLT show cause notice

      Justice R K Gauba rejected McDonald's plea and said the reasons for it will follow soon in the judgement, which is not yet available. The court had earlier put on hold the show cause notice issued by the NCLT.

    • Vikram Bakshi's CPRL re-opens 16 more outlets in Delhi-NCR

      Nearly 84 outlets, mostly in east India and some in the north, including Delhi, had to shut down on December 25 after Bakshi-led CPRL's logistics partner Radhakrishna Foodland discontinued its supply services, alleging reduction in volume and non-payment of certain dues, among others.

    • McDonald's follows different food standards for India: Vikram Bakshi

      The battle between McDonald's India and Bakshi-led Connaught Plaza Restaurants Ltd intensified after the latter's logistics partner Radhakrishna Foodland stopped supplies, which led to closure of about 84 outlets on Monday.

    • McDonald's may shut all outlets in east India, several in north: Vikram Bakshi

      All in all there are 80 outlets that have been hit by this cutoff in supplies by Radhakrishna Foodland, a move which is seen as a fallout of the ongoing spat between the fast food major and Bakshi.

    • NCLT asks McDonald's to file reply in 10 days on contempt plea

      Bakshi had filed a contempt petition alleging that termination of the licence by the US-based food giant has violated the NCLT order dated July 13 which reinstated him as the Managing Director of CPRL and also refrained McDonald's Corporation from interfering with the functioning of CPRL.

    • Delhi High Court seeks Vikram Bakshi's reply on McDonald plea to enforce arbitral award

      The London Court of International Arbitration (LCIA) in its September 12, 2017 order had directed Bakshi to sell his stake in the joint venture (JV), Connaught Plaza Restaurants Pvt Ltd (CPRL), to McDonald's India Pvt Ltd (MIPL).

    • McDonald's row: NCLAT to study LCIA award before further action

      While listing the matter on October 25, the appellate tribunal after hearing both the parties said it will go through the arbitration award by LCIA before proceeding on the matter.

    • Domino's, Mainland China operators among cos eyeing McDonald's India partnership

      The five companies eyeing a franchising opportunity with McDonald's are Speciality Restaurants, Jubilant FoodWorks, Moon Beverages, Hardcastle and Lite Bite, according to Economic Times.

    • UK arbitration court to Vikram Bakshi: Sell CPRL stake to McDonald's

      The international arbitration tribunal in London has also rejected Vikram Bakshi's claim that McDonald's India did not validly terminate the JV.

    • McDonald's India asks food suppliers to stop doing business with CRPL

      MIPL sent a letter to its suppliers saying that CPRL is no longer allowed to operate the fast food chain and it must stop the using McDonald’s intellectual property.

    • 126 McDonald's outlets in north, east India still open: Vikram Bakshi

      Outlets of the chain in places such as Gurugram, Kolkata, Durgapur and Lucknow operated by Connaught Plaza Restaurant Ltd (CPRL)-- the equal joint venture between Bakshi and McDonald's -- are operating in full swing.

    • McDonald's row: NCLAT refuses to pass interim order on Vikram Bakshi's plea

      This means the fate of 169 McDonald's stores in north and east India hangs by a thread as CPRL's licence to operate the outlets lapsed on September 5.

    • NCLAT to hear Vikram Bakshi's plea on McDonald franchise pact on September 07

      With this, the fate of 169 stores in north and east India remains in limbo as Connaught Plaza Restaurant Ltd's (CPRL) licence to operate lapsed yesterday. CPRL is a 50:50 JV between McDonald's and its estranged partner Bakshi.

    • McDonald's row: NCLT reinstates Vikram Bakshi as MD of Connaught Plaza Restaurant

      The court has also appointed former Supreme Court judge G S Singhvi to act as administrator in the company with power to vote.

    • '43 McDonald's outlets ran without valid licence since April'

      Bakshi, an equal joint venture partner of McDonald's India Pvt Ltd (MIPL) in Connaught Plaza Restaurants Ltd (CPRL), the licensee for North and East India regions, said licences had expired on March 31.

    • McDonald's-Vikram Bakshi dispute be decided by arbitration: HC

      A division bench of justices Badar Durrez Ahmed and Sanjeev Sachdeva set aside the decision of a single judge bench of December 22, 2014 restraining arbitration proceedings between the two as ordered by the Company Law Board (CLB).

    • Vikram Bakshi offers to buyout McDonalds' 50% stake in JV

      Bakshi today said that he would like to value the JV without taking into account the payment for the brand as all payments related to the brand goodwill have already been made

    • Vikram Bakshi challenges termination by McDonalds

      On December 13, Vikram Bakshi had filed an application with the Company Law Board (CLB) challenging McDonald Corporation's decision to terminate its 50:50 JV with Bakshi's firm Connaught Plaza Restaurants (CRPL).

    • In search of the perfect potato: Mc Donalds in India

      Soon after setting shop in India, McDonalds’ Vikram Bakshi knew he had a problem — the signature French Fries weren’t right. It took him nine years and several experiments to get it right

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