Supreme Court to listen to HDFC Bank MDs plea to quash FIR

The Supreme Court on Thursday (July 3, 2025) agreed to urgently hear on July 4 a plea filed by HDFC Bank CEO and MD Sashidhar Jagdishan to quash a First data Report (FIR) registered towards him on a criticism filed by the Lilavati Kirtilal Mehta Medical Trust, which runs the Mumbai-based Lilavati Hospital, accusing him of accepting a bribe of ₹2.05 crore.

A Bench of Justices M.M. Sundresh and Vinod Chandran listed the case for July 4 following an oral mentioning made by senior advocate Mukul Rohatgi, showing for Mr. Jagdishan.

The Trust has accused Mr. Jagdishan of accepting the cash to supply monetary recommendation to a sure group of trustees to retain unlawful and undue management over the Trust’s governance. The Trust accused him of interfering in its inner affairs and misusing his place as the pinnacle of a number one personal financial institution. He was booked for dishonest and legal breach of belief.

“This is an pressing matter. I request itemizing tomorrow on behalf of the financial institution and its MD. A frivolous FIR has been lodged towards the MD and the financial institution by trustees of Lilavati hospital who’re litigating towards the opposite group of trustees,” Mr. Rohatgi submitted.

Mr. Rohatgi stated the FIR was solely an arm-twisting approach, and the financial institution was owed cash.

He stated three Benches of the Bombay High Court had recused from listening to the case. The Trust had individually moved a plea within the High Court in search of a CBI probe.