Archive · 21 Jun 2025
Lilavati Trust Sues HDFC Bank CEO for Defamation
The Lilavati Trust, which runs Lilavati Hospital, is suing the CEO of HDFC Bank for a large sum of money.
The Trust says the CEO made false and damaging statements about them, as part of a plan to hurt their reputation.
They also filed a criminal complaint.
The Trust claims HDFC is trying to thwart the recovery of the long outstanding loan.
HDFC Bank claims they are being targeted by people trying to avoid paying back money.
Lilavati Trust filed a Rs 1,000 crore defamation suit against HDFC Bank CEO.
The Trust alleges malicious and defamatory statements were made against them.
The legal action aims to counter a campaign to malign the Trust.
A criminal complaint was filed in addition to the civil suit.
HDFC Bank previously refuted the charges, saying they are being targeted by unscrupulous persons.
- Who
- Lilavati Kirtilal Mehta Medical Trust (LKMM Trust) against Sashidhar Jagdishan, CEO of HDFC Bank.
- What
- Lilavati Trust filed a Rs 1,000 crore civil defamation lawsuit.
- When
- Not explicitly stated.
- Where
- Bombay High Court (civil suit), Girgaon, Maharashtra (criminal complaint).
- Why
- Due to malicious, false, and defamatory statements made against the Trust.
Lilavati Trust
HDFC Bank
Allegations
Lilavati Trust
Accuses the CEO of making defamatory statements and a coordinated campaign to malign the Trust's reputation and obstruct operations.
HDFC Bank
HDFC Bank refutes the charges.
Financial Misconduct
Lilavati Trust
Claims the CEO received Rs 2.05 crore from funds misappropriated by trustees.
HDFC Bank
HDFC Bank refutes the charges stating that the bank and its senior officials are being targeted by unscrupulous persons.
- Plaintiff
- Lilavati Kirtilal Mehta Medical Trust (LKMM Trust)
- Defendant
- Sashidhar Jagdishan, HDFC Bank CEO
- Lawsuit Type
- Defamation
- Damages Sought
- Rs 1,000 crore
- Court
- Bombay High Court (Civil), Metropolitan Magistrate in Girgaon (Criminal)
