McDonald's case: NCLT adjourns hearing

McDonald's case: NCLT adjourns hearing

The National Company Law Tribunal (NCLT) on Monday adjourned the hearing of the contempt plea filed against fast food major McDonald’s Corporation and its Indian arm by estranged Indian partner Vikram Bakshi.

During the proceedings, counsel appearing for McDonald’s informed that the Delhi High Court would on October 25 hear a petition in which it has challenged the show cause notice for contempt issued by the tribunal.

Following this, a NCLT bench headed by Chairman Justice MM Kumar adjourned the matter to November 7 for the next hearing. MIPL, a subsidiary of McDonald’s Corporation had filed a writ petition before the HC questioning the validity of the contempt notice issued by the NCLT against it.

Assembly elections 2019 | Get the latest news, views and analysis on elections in Haryana and Maharashtra on DeccanHerald.com


For election-related news in Maharashtra, click here

For election-related news in Haryana, click here

DH Newsletter Privacy Policy Get top news in your inbox daily
GET IT
Comments (+)