
'Deposit ₹60 Crore': Bombay High Court Tells Shilpa Shetty, Raj Kundra Amid Plea Seeking Permission To Travel Abroad
Bombay HC's order comes after the couple filed a plea in the high court seeking the quashing of a Look Out Circular (LOC) issued against them in connection with an FIR over an alleged fraud of ₹60 crore.
On Tuesday, officials of EoW (Economic Offences Wing) questioned the actress for about four and a half hours in connection with the ₹60 crore fraud case.
' ₹60 cr' fraud case against Raj Kundra and Shilpa ShettyThe case in question stems from a complaint filed by businessman Deepak Kothari, who alleged that between 2015 and 2023, Shilpa Shetty and Raj Kundra induced him to invest ₹60 crore in their now-defunct venture, Best Deal TV Pvt Ltd, and later diverted the funds for personal use.
Raj Kundra had already been questioned by the Mumbai Police's Economic Offences Wing (EOW). The LOC against them was issued on the EOW's request.
What was the couple's plea?In their petition, the couple argued that Shilpa Shetty resigned from the company in 2016 and that both of them need to travel abroad for professional commitments. Denying them this opportunity, they claimed, would violate their fundamental rights.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research

- Pepeto Presale Exceeds $6.93 Million Staking And Exchange Demo Released
- Citadel Launches Suiball, The First Sui-Native Hardware Wallet
- Luminadata Unveils GAAP & SOX-Trained AI Agents Achieving 99.8% Reconciliation Accuracy
- Tradesta Becomes The First Perpetuals Exchange To Launch Equities On Avalanche
- Thinkmarkets Adds Synthetic Indices To Its Product Offering
- Edgen Launches Multi‐Agent Intelligence Upgrade To Unify Crypto And Equity Analysis
Comments
No comment