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IndusInd ex CFO sues for Rs 70 crore claiming wrongful termination and reputational damage

Business
Published on 5 May 2026
IndusInd ex CFO sues for Rs 70 crore claiming wrongful termination and reputational damage

He says he tried resigning repeatedly — and pushed audits

Former IndusInd Bank CFO Gobind Jain has filed a ₹70-crore lawsuit in the Bombay High Court, alleging wrongful termination. He is seeking ₹20 crore for lost earnings and ₹50 crore for reputational damage and mental trauma. The suit claims Jain repeatedly tried to resign and demanded an external audit into alleged accounting lapses.

  • Ex CFO Gobind Jain files a ₹70 crore wrongful termination suit
  • He seeks ₹20 crore for lost earnings and ₹50 crore for reputational harm
  • The case cites repeated resignation attempts
  • Jain also alleges accounting lapses and demanded an external audit
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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