Mumbai: The Bombay High Court on Tuesday dismissed an interim application filed by the trust managing Mumbai‘s Lilavati Hospital seeking to restrain HDFC Bank, its managing director and chief executive Sashidhar Jagdishan and others from making public statements about a long-running loan recovery dispute.
The Lilavati Kirtilal Mehta (LKMM) Trust has approached the court seeking damages of ₹1,000 crore and removal of statements published by the country’s largest non-state lender on its website and social media platforms. According to the LKMM Trust, the bank’s statements about the trust on its website and social media platform are defamatory.
Justice Somasekhar Sundaresan, while dismissing the application for interim relief, observed that grave and irreparable harm would be occasioned to the defendants (bank) if intervention is made in favour of the plaintiffs, who have an established track record of running media campaigns against HDFC Bank and its executives.