 "Vikram Bakshi")
The NCLAT on Wednesday said it will review the settlement between food major McDonald's and its estranged Indian partner Vikram Bakshi over sale of his shares in Connaught Plaza Restaurants Ltd.
The appellate tribunal said the settlement reached between McDonald's and Vikram Bakshi was "prima facie" violation of Debt Recovery Tribunal order and it "would not given effect to".
A two-member NCLAT bench headed by Chairperson Justice S J Mukhopadhaya also asked Bakshi not to leave the country without its permission.
"We find that parties (Bakshi and McDonald's) have reached agreement . Which is prima facie against the Interim order
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