Vikram Bakshi gets four weeks to settle dispute with HUDCO

The NCLAT on Tuesday gave four weeks' time to Vikram Bakshi to settle his dispute with HUDCO, which is seeking ₹195-crore dues from him. Bakshi, the former partner of McDonald's India, recently agreed to sell his 50% stake in their joint venture CPRL to the fast-food chain. NCLAT said the deal with McDonald's will be cancelled if dues aren't settled.

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