Latest news with #Jagdishan
Time of India
6 days ago
- Business
- Time of India
SC refuses to entertain HDFC MD's plea on FIR
New Delhi: The Supreme Court on Friday refused to entertain HDFC Bank managing director Sashidhar Jagdishan's petition seeking the quashing of an FIR lodged against him by Lilavati hospital trust, even as it termed unfortunate the repeated adjournment of a similar plea of his before Bombay HC because of recusal of judges. Appearing for Jagdishan, senior advocate Mukul Rohatgi termed the FIR as "frivolous" and said his client had no role in the entire controversy alleged by the trust. There was an atmosphere of uncertainty because of the FIR, he stressed, and requested a bench of Justices P S Narasimha and R Mahadevan to grant him interim protection from possible arrest. But the bench refused to entertain his appeal, highlighting that his plea for quashing the FIR is listed for hearing before the HC on July 14. "You go before the HC and argue on the merits of the case," it said. When Rohatgi pointed out that there is no certainty of the petition getting heard as judge after judge is recusing themselves from hearing the plea, the bench said, "We sympathise with you. It is unfortunate that so many judges have recused themselves, and the hearings earlier scheduled for June 18, 20, 25 and 26 got adjourned," adding, "we hope the HC hears the petition on July 14". You Can Also Check: Mumbai AQI | Weather in Mumbai | Bank Holidays in Mumbai | Public Holidays in Mumbai As per the trust's complaint with Bandra police station, Jagdishan allegedly accepted a bribe of Rs 2.05 crore in exchange for providing financial advice to help the Chetan Mehta Group retain illegal and undue control over the trust's governance. The trust also claimed that Jagdishan and his family received free medical treatment at Lilavati Hospital.
NDTV
6 days ago
- Business
- NDTV
Supreme Court Junks HDFC Bank CEO's Plea Challenging Case By Lilavati Trust
New Delhi: The Supreme Court on Friday refused to entertain the plea of HDFC Bank CEO and MD Sashidhar Jagdishan seeking quashing of FIR lodged against him for cheating and fraud by Lilavati Kirtilal Mehta Medical Trust, as it noted that the Bombay High Court is scheduled to hear his plea on July 14. A bench of Justices PS Narasimha and R Mahadevan said that it hopes and trusts that the matter will be taken up on July 14 for hearing. It further observed that it was improper on the part of the Supreme Court to intervene when Jagdishan's petition was listed before the Bombay High Court on July 14. Senior advocate Mukul Rohatgi, for Jagdishan, pressed for interim protection at least until July 14, saying the FIR was frivolous and that the bank had been roped into a private dispute between the trustees. "We sympathise, the case was initially listed for hearing on June 18, June 20... We hope and trust that the matter will be taken up on July 14," said the bench. HDFC Bank CEO and MD Sashidhar Jagdishan on Thursday approached the highest court against the FIR lodged against him According to the complaint filed by the Trust, which owns and manages the famous Lilavati Hospital in Mumbai, Jagdishan allegedly accepted a bribe of Rs 2.05 crore in exchange for providing financial advice to help the Chetan Mehta Group retain illegal and undue control over the Trust's governance. It further accused Jagdishan of misusing his position as the head of a leading private bank to interfere in the internal affairs of a charitable organisation. Based on an application moved by the Trust, the FIR against Jagdishan was registered at the Bandra police station following an order by a Bandra Magistrate Court under Section 175(3) of the Bharatiya Nagarik Suraksha Sanhita (BNSS). Jagdishan was booked under charges of cheating, criminal breach of trust, and criminal breach of trust by a public servant.
India Gazette
6 days ago
- Business
- India Gazette
SC refuses to entertain plea of HDFC Bank CEO against FIR by Lilavati Trust
New Delhi [India], July 4 (ANI): The Supreme Court on Friday refused to entertain the plea of HDFC Bank CEO and MD Sashidhar Jagdishan seeking quashing of FIR lodged against him for cheating and fraud by Lilavati Kirtilal Mehta Medical Trust, as it noted that the Bombay High Court is scheduled to hear his plea on July 14. A bench of Justices PS Narasimha and R Mahadevan said that it hopes and trusts that the matter will be taken up on July 14 for hearing. It further observed that it was improper on the part of the Supreme Court to intervene when Jagdishan's petition was listed before the Bombay High Court on July 14. Senior advocate Mukul Rohatgi, for Jagdishan, pressed for interim protection at least until July 14, saying the FIR was frivolous and that the bank had been roped into a private dispute between the trustees. 'We sympathise, the case was initially listed for hearing on June 18, June 20... We hope and trust that the matter will be taken up on July 14,' said the bench. HDFC Bank CEO and MD Sashidhar Jagdishan on Thursday approached the apex court against the FIR lodged against him According to the complaint filed by the Trust, which owns and manages the famous Lilavati Hospital in Mumbai, Jagdishan allegedly accepted a bribe of Rs 2.05 crore in exchange for providing financial advice to help the Chetan Mehta Group retain illegal and undue control over the Trust's governance. It further accused Jagdishan of misusing his position as the head of a leading private bank to interfere in the internal affairs of a charitable organisation. Based on an application moved by the Trust, the FIR against Jagdishan was registered at the Bandra police station following an order by a Bandra Magistrate Court under Section 175(3) of the Bharatiya Nagarik Suraksha Sanhita (BNSS). Jagdishan was booked under charges of cheating, criminal breach of trust, and criminal breach of trust by a public servant. (ANI)
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Business Standard
6 days ago
- Business
- Business Standard
SC dismisses HDFC Bank CEO's plea challenging FIR by Lilavati Trust
The Supreme Court on Friday refused to entertain a plea by HDFC Bank CEO and MD Sashidhar Jagdishan challenging an FIR of cheating and fraud registered against him on a complaint by the Lilavati Kirtilal Mehta Medical Trust, which runs the prominent Lilavati Hospital in Mumbai. A bench of Justices P S Narasimha and R Mahadevan noted that the matter was already listed for hearing on July 14 before the Bombay High Court. "We are not inclined to entertain the matter. We will not apply our mind to the merits. If matter is not heard on 14th, you come back. "We hope and trust that high court will take the matter up on the designated date," the bench said. Senior advocate Mukul Rohatgi, appearing for Jagdishan, submitted that the bank has been roped in a private dispute. "The idea is to summon the MD to police station. No proceedings should be taken against the MD," he said. Rohatgi said they had moved the Bombay High Court but three benches of the high court have so far recused themselves from hearing the matter. According to the complaint filed by the Trust, Jagdishan allegedly accepted a bribe of Rs 2.05 crore in exchange for providing financial advice to help the Chetan Mehta Group retain illegal and undue control over the Trust's governance. The Trust has accused Jagdishan of misusing his position as the head of a leading private bank to interfere in the internal affairs of a charitable organisation. Jagdishan's plea seeking quashing of the first information report (FIR) was first listed in the high court in June. The FIR against Jagdishan was registered at the Bandra police station following an order by a Bandra magistrate court under section 175 (3) of the Bharatiya Nagarik Suraksha Sanhita (BNSS), based on an application moved by the Trust. He was booked under alleged charges of cheating and criminal breach of trust by a public servant. In a public statement issued earlier this month, the Trust alleged that the Rs 2.05 crore payment was part of a larger conspiracy to "loot" the Trust and manipulate its decision-making processes in favour of the Chetan Mehta Group. The Trust has also filed a petition before the high court seeking a Central Bureau of Investigation (CBI) probe into the matter.
India.com
6 days ago
- Business
- India.com
Lilavati Trust case: Bad news for HDFC CEO Shashidhar as SC refuses to…
The Supreme Court on Friday declined to entertain a petition filed by HDFC Bank CEO and MD Sashidhar Jagdishan, who sought to challenge an FIR registered against him for alleged cheating and fraud. The complaint was filed by the Lilavati Kirtilal Mehta Medical Trust, which operates the renowned Lilavati Hospital in Mumbai. A bench of Justices P S Narasimha and R Mahadevan noted that the matter was already listed for hearing on July 14 before the Bombay High Court. SC On Plea By HDFC CEO 'We are not inclined to entertain the matter. We will not apply our mind to the merits. If matter is not heard on 14th, you come back. 'We hope and trust that high court will take the matter up on the designated date,' the bench said. Senior advocate Mukul Rohatgi, appearing for Jagdishan, submitted that the bank has been roped in a private dispute. 'The idea is to summon the MD to police station. No proceedings should be taken against the MD,' he said. Rohatgi said they had moved the Bombay High Court but three benches of the high court have so far recused themselves from hearing the matter. Allegations Against HDFC CEO According to the complaint filed by the Trust, Jagdishan allegedly accepted a bribe of Rs 2.05 crore in exchange for providing financial advice to help the Chetan Mehta Group retain illegal and undue control over the Trust's governance. The Trust has accused Jagdishan of misusing his position as the head of a leading private bank to interfere in the internal affairs of a charitable organisation. Jagdishan's plea seeking quashing of the first information report (FIR) was first listed in the high court in June. The FIR against Jagdishan was registered at the Bandra police station following an order by a Bandra magistrate court under section 175 (3) of the Bharatiya Nagarik Suraksha Sanhita (BNSS), based on an application moved by the Trust. He was booked under alleged charges of cheating and criminal breach of trust by a public servant. In a public statement issued earlier this month, the Trust alleged that the Rs 2.05 crore payment was part of a larger conspiracy to 'loot' the Trust and manipulate its decision-making processes in favour of the Chetan Mehta Group. (With Inputs From PTI)
