<!– /11440465/Dna_Article_Middle_300x250_BTF –>In a setback to the US-based fast food chain McDonald’s, 43 of the total 55 outlets will be shut in Delhi from today, on failure to renew eating house licenses by its North and East India licensee Connaught Plaza Restaurants Pvt Ltd (CPRL). The CPRL is the local joint venture between Vikram Bakshi and McDonald’s. When contacted, McDonald’s said “the eating house licenses of a number of McDonald’s restaurants in Delhi have expired”. Since last two years, Vikram Bakshi and McDonald’s are in loggerheads over control of CPRL and arbitration proceeding is being pursued by the food chain at the London Court of International Arbitration. Without specifying a number, a highly placed source told(This article has not been edited by DNA’s editorial team and is auto-generated from an agency feed.)

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McDonald’s shuts 43 outlets in Delhi as eating licenses expire