SC seeks HDFC CEO’s response on Lilavati trust plea over quashed FIR by HC
The Supreme Court has requested a response from HDFC CEO Sashidhar Jagdishan regarding a petition from the Lilavati Medical Trust. This petition challenges a Bombay High Court ruling that quashed a criminal case against Jagdishan for allegedly receiving illegal payments from the trust. The trust claims that the High Court's decision undermines an ongoing investigation into serious financial misconduct.
- ▪The Lilavati Medical Trust filed a petition against HDFC CEO Sashidhar Jagdishan for allegedly receiving illegal payments.
- ▪The Bombay High Court had previously quashed the criminal case against Jagdishan, citing lack of substantive material.
- ▪The Supreme Court has issued a notice to Jagdishan, seeking his response to the trust's claims.
Opening excerpt (first ~120 words) tap to expand
SC seeks HDFC CEO’s response on Lilavati trust plea over quashed FIR by HCA bench of justices M M Sundresh and N Kotiswar Singh passed the order on a petition filed by the Lilavati Kirtilal Mehta Medical Trust and its permanent trustee Prashant Kishore MehtaPublished on: May 30, 2026 11:27 AM ISTBy Abraham Thomas, New DelhiShare viaCopy link The Supreme Court (SC) on Friday issued a notice on a petition filed by the Lilavati hospital trust challenging the Bombay high court’s (HC) recent judgment quashing a criminal case against HDFC Bank managing director and chief executive officer Sashidhar Jagdishan for allegedly receiving illegal payments from the trust fund.The trust filed a criminal case against Jagdishan for allegedly colluding with erstwhile trustees and receiving approximately…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Hindustan Times — Top.