On Tuesday, the Bombay High Court in Mumbai dismissed a first information report (FIR) against Sashidhar Jagdishan, the managing director and CEO of HDFC Bank. The FIR was filed by the Lilavati Kirtilal Mehta Medical Trust, alleging financial misconduct related to a debt recovery case. The court, led by Justices MS Karnik and NR Borkar, determined that the complaint was a retaliatory measure against HDFC Bank's recovery efforts for over ₹65 crore (approximately $7.8 million USD) owed by the trust. The court's 53-page order stated that the FIR represented a gross abuse of the criminal process, highlighting that it was based on civil matters that had already been resolved through the Debt Recovery Tribunal (DRT). Jagdishan's legal team argued that the allegations stemmed from long-standing enforcement actions taken by HDFC Bank against the trust's trustees for defaulting on substantial dues. The court's ruling emphasizes the need to distinguish between civil disputes and criminal allegations.