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Bombay HC denies gag order against HDFC Bank
NDTV Profit··9 Jun
Lilavati Kirtilal Mehta Trust filed a Rs 1,000 crore defamation suit against HDFC Bank and CEO Sashidhar Jagdishan, alleging damaging statements about dues and litigation. The Bombay High Court refused interim restraint, holding that the bank’s statements were backed by material and could be treated as a bona fide clarification at this stage.
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