McDonald’s franchisee CPRL to challenge termination of pact - News Summed Up

McDonald’s franchisee CPRL to challenge termination of pact


The termination of franchise pact came almost two months after CPRL shut 43 of the 55 McDonald’s restaurants in Delhi following its failure to renew their licences, amid a legal battle between Bakshi and McDonald’s. Ltd (CPRL), the north and east India licensee of McDonald’s is planning to challenge in a court of law the termination of franchise agreement of 169 restaurants by the US-based burger chain. “We are challenging the termination of the franchise agreement. Earlier this week, MIPL had terminated its franchise agreement with CPRL citing non-payment of royalties as the primary reason. The termination of franchise pact came almost two months after CPRL shut 43 of the 55 McDonald’s restaurants in Delhi following its failure to renew their licences, amid a legal battle between Bakshi and McDonald’s.


Source: Mint August 24, 2017 11:37 UTC



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