India, July 3 -- The Supreme Court on Thursday agreed to take up on July 4 a petition filed by HDFC Bank's managing director and CEO Sashidhar Jagdishan seeking quashing of a first information report (FIR) registered against him for alleged cheating and criminal breach of trust. The case, initiated on the complaint of Lilavati Kirtilal Mehta Medical Trust, accuses Jagdishan of accepting Rs.2.05 crore in bribes to aid a group's illegal control over the governance of the Trust.

A bench comprising Justices MM Sundresh and K Vinod Chandran took note of a mention made by senior advocate Mukul Rohatgi, who sought urgent hearing and interim protection from coercive action against Jagdishan. "The matter is already directed to be listed for tomor...