Overview

• A bench of Justices M.M. Sundresh and K. Vinod Chandran refused to grant HDFC Bank CEO Sashidhar Jagdishan interim protection from arrest in the ₹2.05 crore bribery and criminal breach of trust FIR.
• Jagdishan moved the Supreme Court after three separate benches of the Bombay High Court recused themselves from hearing his plea to quash the FIR.
• The Lilavati Kirtilal Mehta Medical Trust alleges Jagdishan accepted ₹2.05 crore to influence internal governance in favour of the Chetan Mehta Group.
• Senior Advocate Mukul Rohatgi described the FIR as a “frivolous” retaliation by trustees seeking to pressure the bank over decades-old loan recovery actions.
• The Supreme Court has directed that Jagdishan’s quashing petition be listed for further hearing in the Bombay High Court on July 14.