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Bombay High Court Hears HDFC Bank CEO’s Plea to Quash Bribery FIR

Mumbai Police will not issue summons to Jagdishan despite the Economic Offence Wing’s inquiry reaching a crucial stage

Mumbai...13 May 2012...News... Lilavati Hospital, Bandra where Savio underwent a cardiac surgery in February, but suffered burn injuries after the surgery...Story by menaka Rao...HT Photo by Kalpak Pathak.
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Overview

  • A division bench of Justices Makarand Karnik and NR Borkar heard Jagdishan’s plea on July 14, during which he sought to quash the FIR and secure interim protection from police summons.
  • Mumbai Police told the bench that no summons will be issued to Jagdishan as the Economic Offence Wing’s bribery inquiry reaches a crucial stage.
  • Jagdishan has argued that the FIR is vexatious and stems from an internal family feud among members of the Lilavati Trust.
  • The Lilavati Kirtilal Mehta Medical Trust has petitioned for a CBI investigation, alleging Jagdishan accepted a ₹2.05 crore kickback to help the Chetan Mehta Group retain control of its governance.
  • The High Court has scheduled the next hearing of Jagdishan’s quashing petition for July 23.