The HDFC Bank responded to Lilovati’s accusations of medical confidence, dismissing the suspension and persecution of its CEO Sashidhar Yagdishan as a “malicious” attempt to disrupt a two -year loan.
In its statement, the bank defended Yagdyshan, calling the allegations “outrageous and unrestrained.”
The press secretary said the claims were the last tactic of Macht’s protruding, the trustee of Lilavati Trust, and his family evades the repayment of the “significant” contributions that the bank borrowed.
“Mr. Sashidhar Yagdyshan aimed at unscrupulous persons who abuse the legal process,” the bank said. He accused Mehta and his relatives of repeatedly “inattentive legal actions” after he did not win assistance from any judicial body, including the Supreme Court.
HDFC Bank described this step within the Mala Fide company to intimidate its guide and avoid financial responsibility.
HDFC Bank said he provided a “comprehensive legal advice” and still seeks to defend the reputation of his CEO. “The bank is very proud of the honesty and the management of its doctor of medical sciences and the CEO,” the statement added.
Yagdyshan, who headed the bank since 2020, was not quoted individually, but the statement found out that the institution views the attack as part of the broader, long efforts to undermine legal restoration actions.
Full statement:
HDFC Bank GDFC MD -Sashidhar Yagdishan is aimed at unscrupulous persons who abuse the legal process to disrupt the long loan from the bank from the disobedient defaulters.
The allegations made by Lilavati Trust, his trustees and officials against the Doctor of Medical Sciences of the Bank and the CEO, are unreasonable and malicious. The flashing and insincere accusations are strongly and strongly refused.
The trustee of the Macht Prisant and the members of his family owe a significant number of HDFC Bank who have never been paid. The banks initiated actions to restore and execute, and at each stage, Macht and its other family members have launched numerous sad legal actions.
After consistently failed at all levels, including the Hon’ble Supreme Court, they have now appealed to recent personal attacks on the MD and the CEO of the Bank for the only purpose of intimidation and the bullying from the bank and his doctor of medical sciences from fulfilling the mandate to restore all the outstanding loans in any possible way.
The Bank has received a comprehensive legal advice and representation in this regard and seeks to search for legal means and options for protecting the reputation of Doctor of Medicine and Director. The bank is very proud of the honesty and the leadership of its doctor of medical sciences and the CEO.
The bank is convinced that our lawsuit recognizes the false intention and the tricky goals of the trustee and LILAVATI Trust officials to braid the image of the bank and its medical doctors and the CEO.
