Bombay high court scraps bribery FIR against HDFC CEO Sashidhar Jagdishan in Lilavati trust row
In a significant ruling, the Bombay High Court has dismissed the FIR against HDFC Bank's CEO, Sashidhar Jagdishan, and other associates, initiated by the Lilavati Hospital Trust. The court characterized the lawsuit as a retaliatory measure amidst ongoing financial disputes among the trustees, emphasizing the importance of unfettered recovery processes in the banking sector.
In a significant ruling, the Bombay High Court has dismissed the FIR against HDFC Bank's CEO, Sashidhar Jagdishan, and other associates, initiated by the Lilavati Hospital Trust. The court characterized the lawsuit as a retaliatory measure amidst ongoing financial disputes among the trustees, emphasizing the importance of unfettered recovery processes in the banking sector.
