NCLT asks McDonald’s to file reply by 17 February
New Delhi: The National Company Law Tribunal on Wednesday issued a final warning to American fast food chain McDonald’s Corporation and asked the company to file a reply to its estranged partner Vikram Bakshi’s contempt plea by 17 February. In his plea, Bakshi had alleged that the termination of franchise agreement was in conflict with an earlier order of NCLT dated 13 July 2017, which had asked McDonald’s Corp to refrain from interfering in the smooth functioning of CPRL and all its 169 McDonald’s outlets in north and east India. The matter has been kept in abeyance in NCLT for the past few months as McDonald’s India had challenged NCLT’s right to issue a contempt notice to its US parent in Delhi high court. While a single-judge bench allowed NCLT to proceed with the contempt plea earlier in January, McDonald’s India appealed high court’s order yet again on 29 January.
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