2017 (9) TMI 1618

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..... tion has been sought to non applicant-respondent Nos. 2 to 5 to execute Operating Licence Agreements/ Franchise Agreements in respect of 20 restaurants as per the notice of termination - Held that:- This application at this stage would not be maintainable because both the applications as well as non applicant-Respondent No.l have filed their respective appeals which are pending before the Learned .....

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..... isposed of matter with a prayer that subsequent to the disposal of the company petition on 13.7.2017, non-applicant/respondent has issued notice dated 21.8.2017 (Annexure-2) for terminating the contract with J.V. Company. A prayer has been made to set aside the notice of termination and declare each of the Operating Licence Agreements/ Franchise Agreements in respect of 145 restaurants to be valid .....

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..... re us and the factum of notice for termination dated 21.8,2017 has been mentioned in support of the prayer that Connaught Plaza Restaurants Pvt. Ltd. should be put to buy out or sell out mode. There is thus no dispute that the present issue in question pertaining to notice of termination dated 21.08.2017 has already been placed before Hon'ble NCLAT in the pending appeal. We further feel that a .....

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