Lilavati Hospital terms bank letter unlawful

Union Bank of India (UBI), which has already frozen the fixed deposit accounts worth around Rs120 crore of the Lilavati Kirtilal Mehta Medical Trust, said in the legal notice.

Union Bank of India (UBI), which has already frozen the fixed deposit accounts worth around Rs120 crore of the Lilavati Kirtilal Mehta Medical Trust, said in the legal notice.

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“In view of the diverse and contradictory instructions being given to us by the groups of trustees, we have already frozen the fixed deposit accounts of the trust.”

UBI chairman and managing director, MV Nair, did not respond to calls or text messages sent by Hindustan Times.

The hospital, which has treated several high-profile actors and politicians, termed UBI’s letter as “unlawful, arbitrary, without any authority and smacks of highhandedness”.

“The Trust has by its detailed letter dated April 15, 2011, responded to the letter issued by the Union Bank of India and called upon the bank to withdraw the same,” a spokesperson of Lilavati Kirtilal Mehta Medical Trust said.

“The letter dated April 9, 2011, issued by the Union Bank of India was received on April 13, 2011, thus the deadline, if any, to submit the fresh mandate as sought is April 20, 2011. The Trust is taking appropriate steps to ensure that no accounts either of the Trust or the hospital are frozen,” the spokesperson said.