HDFC Bank MD Sashidhar Jagdishan moves Supreme Court over FIR by Lilavati Hospital trustees

HDFC Bank’s Managing Director and CEO, Sashidhar Jagdishan, has approached the Supreme Court challenging an FIR filed by the trustees of Mumbai’s Lilavati Hospital. Senior Advocate Mukul Rohatgi, representing Jagdishan, described the case as a “frivolous FIR” and alleged that it was an act of arm-twisting over pending financial recovery.

“The FIR has been filed because we have to recover money from them,” Rohatgi told the Supreme Court on Thursday, adding that the FIR was baseless and aimed at pressuring the bank. He also informed the court that despite attempts, three benches of the Bombay High Court were unable to take up the matter.

Responding to the plea, Justice MM Sundresh directed that the case be listed for hearing on Friday. “Orders have been passed to list it tomorrow,” the judge said during the brief hearing.

The dispute between the bank and the hospital trustees arises from a financial transaction, though details of the FIR or the amount involved were not disclosed during the proceedings.

The Supreme Court is expected to hear the matter tomorrow.