Bombay HC rejects Lilavati Trust's interim application against HDFC Bank in ₹1,000 crore dispute

The Bombay High Court has rejected an interim plea by Lilavati Hospital's trust, which sought to prevent HDFC Bank from making public statements regarding a loan dispute. The trust had sued for ₹1,000 crore, alleging defamation by the bank's online posts. The court cited the trust's history of media campaigns against the bank as a reason for dismissal.

from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/ebkf4zA
via IFTTT

Comments

Popular posts from this blog

India's Paytm Payments Bank granted status upgrade

Punjab and Sind Bank to sell KSK Mahanadi loans to ARCs

RBL Bank taps HDFC veteran Bhavin Lakhpatwala as CFO