Bombay HC Slams Litigation to Stall HDFC Bank Recovery, Imposes ₹5 Lakh Costs on Lilavati Trust

Lilavati Kirtilal Mehta Trust Vs HDFC Bank Limited & Ors. (Bombay High Court) The case arose from a defamation suit filed by Lilavati Kirtilal Mehta Trust and Prashant Mehta against HDFC Bank, its senior officials, and social media platforms. The plaintiffs sought injunctions, removal of allegedly defamatory statements, a public apology, and damages of ₹1,000 crore. They contended that statements issued by HDFC Bank and published on its website and in media reports falsely suggested that Prashant Mehta, his family members, and the Trust owed substantial amounts to the bank and had engage...