CPRL Board may meet this week to decide if the outlets in the north and east of India can be kept open till the matter is settled in courts
Vikram Bakshi says the 169 stores will remain open, McDonald's says it will take steps to enforce termination.
The estranged Indian partner of McDonald's, Vikram Bakshi, on Thursday offered buying out the US food major's stake in their joint venture Connaught Plaza Restaurants.
Default in payment of royalties to McDonald's India for nearly two years was the key reason behind the fast-food chain's decision to terminate franchise agreement