Archive · 11 Jun 2025
Lilavati Trust Questions HDFC Bank's Loan Ledger
The Lilavati Hospital Trust is in a dispute with HDFC Bank.
The Trust believes that the bank's records about a loan are incorrect and is accusing the bank of potential financial wrongdoing.
The Trust is questioning why the bank hasn't provided a loan ledger or agreement in court.
They point out that different amounts for the loan have been mentioned in different bank documents, making it hard to understand the actual situation.
The Trust maintains it doesn't owe the bank any money.
Lilavati Hospital Trust has flagged discrepancies in its transactions with LKMM, demanding answers.
The Trust accused HDFC Bank's CEO of involvement in financial fraud; the bank denies the claims.
The Trust questions the absence of an official loan ledger or agreement from HDFC Bank in court.
Inconsistent loan amounts were cited in various bank documents.
The Lilavati Kirtilal Mehta Medical Trust asserts it has no outstanding dues to HDFC Bank.
- Who
- Lilavati Hospital Trust and HDFC Bank, including CEO Sashidhar Jagdishan.
- What
- Lilavati Trust is questioning discrepancies in its transactions with HDFC Bank, particularly concerning a loan.
- When
- The Trust made its demands and accusations on Wednesday.
- Where
- Not explicitly stated in the provided articles.
- Why
- The Trust is demanding answers due to inconsistent loan amounts and lack of documentation.
Lilavati Hospital Trust's Perspective
HDFC Bank's Perspective
Loan Dispute
Lilavati Hospital Trust's Perspective
Demands answers on loan discrepancies; accuses bank of financial fraud.
HDFC Bank's Perspective
Denies any wrongdoing and labels accusations as obstructive.
Financial Obligation
Lilavati Hospital Trust's Perspective
Asserts lack of outstanding dues to the bank.
HDFC Bank's Perspective
Claims obstruction of legitimate recovery efforts.
- Involved Parties
- Lilavati Hospital Trust, HDFC Bank, LKMM Trust
- Disputed Issue
- Loan discrepancies
- Trust's Stance
- No outstanding dues
- Bank's Response
- Denies claims, cites obstruction of recovery
- Loan Amounts Cited (Inconsistent)
- Rs 4.8 crore, Rs 450 crore, Rs 65.22 crore