Overview

• Justice S.M. Modak orally set aside the June 16 notice on August 5 after finding the magistrate failed to record the complainant’s and witnesses’ verification as required by the BNSS.
• The High Court allowed the trial court to continue only after proper verification and said the accused can challenge any subsequent orders and will be heard at the appropriate stage.
• The defamation complaint, filed under the Bharatiya Nyay Sanhita, led to same‑day notices to Sashidhar Jagdishan, HDFC Bank and corporate communications head Madhu Chibbar.
• The Trust alleges a coordinated smear campaign and cites claims including a ₹2.05 crore bribe, undisclosed deposits of ₹48 crore and ₹1.5 crore routed via CSR, which the High Court did not examine on merits.
• Related proceedings include a ₹1,000 crore civil defamation suit pending in the High Court and a writ by Jagdishan challenging an FIR that is listed for hearing on August 20.