McDonald's terminates franchise agreement for 169 outlets in IndiaStaff Writer | August 23, 2017
McDonald's terminated its franchise agreement on Monday for 169 outlets in India.
Asia Connaught Plaza Restaurants Private Limited
The Indian unit of McDonald's said that it has ended the pact with Connaught Plaza Restaurants Private Limited (CPRL), after it breached terms relating to some restaurants.
"Today, we have issued the CPRL board a notice of termination of the franchise agreement between McDonald's India Pvt Ltd and CPRL for 169 McDonald's restaurants operated by CPRL in north and east India," the fast food chain said in a statement.
CPRL, led by Vikram Bakshi, was running MacDonald's outlets in north and east India.
The estranged partner said it will consider "legal remedies" against the burger chain's decision to terminate franchise agreement. ■