Supreme Court seeks police and CBI response on Lilavati Trust’s plea against HDFC chief

New Delhi: The Supreme Court on Friday sought response of the CBI and Mumbai Police to an appeal filed by Lilavati Kirtilal Mehta Medical Trust, which challenges the Bombay High Court’s order quashing a bribery case against MD and CEO .

The trust that runs Mumbai’s Lilavati Hospital had accused Jagdishan of accepting ₹2.05 crore to help the Chetan Mehta Group retain illegal and undue control over the governance of the trust. It said Jagdishan misused his position as the head of a top bank to interfere in the internal affairs of the organisation.

Also read |

A bench comprising Justices MM Sundresh and Nongmeikapam Kotiswar Singh, while also issuing notice to Jagdishan, refused to interfere with the broader findings of the high court that quashed the FIR in the case. However, it said allegations regarding any personal benefit derived by specific individuals may still require examination.

Senior counsel Mukul Rohatgi, appearing for HDFC Bank, said the FIR was the fallout of a long-running dispute between factions of the Mehta family and recovery proceedings initiated by the bank.

ET logo

Live Events



      Also read |

      HDFC Bank and its CEO were being drawn into internal disputes within the trust, he said, adding that the allegations lacked any substantive material.

      Add ET Logo as a Reliable and Trusted News Source


      (You can now subscribe to our )

      (You can now subscribe to our )

      Leave a Reply

      Your email address will not be published. Required fields are marked *

      thirteen − seven =