country. Both the sides have two representatives on the company’s board and Bakshi as MD had management and veto rights.
Bakshi is a cricket enthusiast and is usually seen in Coke’s corporate box during the matches in Delhi. McDonald’s serves only Coke at its outlets, therefore, the association. Bakshi’s friends say he’s often present at the cricket matches with his family, a rare sight in the business circles of Delhi. He also has a passion for reading, travelling and golf.
People close to him say though he’s no more the MD—something which he is contesting legally and would shortly move the Company Law Board—Bakshi’s been attending office (at Jor Bagh) regularly. “He’s an equal stakeholder in the company, so work is going normal for him,” says a person familiar to the developments.