NCLAT allows settlement between McDonald's and former partner Vikram Bakshi
Shortpedia
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The National Company Law Appellate Tribunal (NCLAT) on Tuesday allowed US food major McDonald's and its former estranged Indian partner Vikram Bakshi to withdraw their petitions filed against each other over Connaught Plaza Restaurants Ltd. The appellate tribunal also dismissed the intervention application filed by HUDCO earlier opposing the deal.
