The Supreme Court refused to give any order on the petition of HDFC Bank Chief Executive Officer (CEO) and Managing Director Shashidhar Jagdishan. Jagdishan had demanded relief in an FIR lodged against him, but the judges said that on July 14, the matter has been imposed in the Bombay High Court. The petitioner should keep his point there.
Trust has filed an FIR against Jagdishan, the country’s largest private sector bank’s MD
Jagdishan. Lilavati Kirtilal Mehta Medical Trust alleges that she has been rigged by Rs 14.42 crore. Out of this, 2.05 crore rupees were given to Jagdishan. This amount is given to help in increasing the dominance of Chetan Mehta Group in the trust.
On the other hand, the bank says that this FIR has been done to discredit Jagdishan. People associated with the trust owe a loan of Rs 65.22 crore taken in 1995. To avoid its recovery, pressure is being made by registering a false case. The bank is being unnecessarily dragged in the ongoing fight over the trust.
Senior advocate Mukul Rohatgi, appearing for Jagdishan, told the Supreme Court that 3 judges of the Bombay High Court have so far separated themselves from the case. Therefore, Jagdishan has knocked on the door of the Supreme Court. On this, a two -judge bench headed by Justice PS Narasimha of the Supreme Court said that on July 14, the matter has been put in the High Court once again. If there is no hearing on that day, then you can come to the Supreme Court.