more-inThe National Company Law Tribunal (NCLT) has directed McDonald’s India on Wednesday to file a reply within 10 days, listing the matter for next hearing on October 23, over the contempt plea moved by its estranged Indian partner Vikram Bakshi. “Reply to the contempt petition to be filed within 10 days with a copy in advance to the counsel for the petitioners,” said an NCLT Bench headed by Chairman Justice M.M. The tribunal has also granted Mr. Bakshi a week’s time to file rejoinder. Earlier, on September 5 NCLT had issued show cause notice to fast food major McDonald’s Corporation and its Indian arm over the contempt plea filed by Mr. Bakshi. ‘Notice to show cause’The tribunal had directed McDonald’s India Pvt Ltd (MIPL) and other respondents to reply on the “notice to show cause” by September 20.

Source: The Hindu September 27, 2017 20:26 UTC