India, Aug. 19 -- The Bombay High Court has quashed and set aside a notice issued by a metropolitan magistrate court to HDFC Bank chief executive officer and managing director Sashidhar Jagdishan for making allegedly defamatory statements about the Lilavati Kirtilal Mehta Medical (LKMM) Trust, which runs the Lilavati Hospital in Bandra West.

The trust had accused Jagdishan of carrying out a "coordinated campaign" to malign its reputation and obstruct its functioning as a public charitable institution. It had also alleged that he had accepted free medical treatment and was involved in facilitating numerous illegal financial transactions - including a Rs.2.05 crore bribe, undisclosed deposits worth Rs.48 crore, and Rs.1.5 crore allegedly r...