Fir vs. HDFC Bank MD-CO by Loan Defaulter | Company Business News

New -delhi [India]June 8 (Ani): A FIR was filed by a certain Mehta family against HDFC Bank’s managing director and CEO who provided a bank loan in 1995. The private money shooter notified on Sunday night as it promised to continue all legitimate remedies to recover the fees from the savings. In 2001, Splendor Gems Limited, owned by the Mehta family, did not have loan facilities granted in 1995 by HDFC Bank, along with the other consortium banks, the HDFC bank informed equity bursaries. Despite a recovery certificate issued by the debt recovery tribunal in 2004 and subsequent maintenance actions, the fees remain significantly unpaid, the bank said. The outstanding fees to HDFC Bank, including interest, amount to £ 65.22 crore as on May 31, 2025. “In response to ongoing recovery proceedings, members of the MHTTA family began various legal action and complaints against HDFC Bank and its senior officials. The laws are dismissed. unequivocally “the malicious and unfounded allegations that are equal and maintain that these allegations are completely false, outrageous and a gross abuse of the legal process.” . “” After exhausting all legitimate ways without success, these individuals have now used to launch personal attacks against HDFC Bank and its MD and CEO in a clear attempt to maliciously and intimidate their reputation to stop its restoration actions. These actions appear to be a calculated deduction of their own failures, “the bank added. In the statement, HDFC bank repeats its dedication to the highest standards of corporate governance. HDFC Bank said it has robust internal controls and compliance mechanisms to meet the legal and regulatory requirements. maintain its operations. HDFC Bank believes in promoting a culture of ethics and integrity to ensure that the highest standards of corporate governance are maintained. HDFC Bank’s commitment to ethical behavior is reflected in its policies, procedures and actions, “HDFC said.” HDFC Bank will continue to pursue all legal remedies to raise public funds and address the retaliatory actions taken by the Mehta family, as well as to defend the reputation and integrity of the bank. HDFC Bank remains committed to maintaining its reputation for corporate governance and ethical behavior, “HDFC Bank closed. (Ani)