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Connaught Plaza Restaurant Limited

UK arbitration court to Bakshi: Sell CPRL stake to McDonald's

UK arbitration court to Bakshi: Sell CPRL stake to McDonald's

Thu, Sep 14, 2017

In its 2:1 majority award, the arbitration panel has asked Bakshi to transfer his 1,45,600 shares in the 50:50 joint venture Connaught Plaza Restaurant Ltd (CPRL) to McDonald's India at a fair valuation in accordance with their JV agreement, they said.

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