Rajasthan High Court REJECTS bail plea of Vikram | Indian Movie News
The Rajasthan High Court has refused a bail petition filed by filmmaker Vikram Bhatt and his spouse, Shwetambari Bhatt, in connection with a fraud case registered in Udaipur. The couple, at the moment in judicial custody, had sought aid from the court, including the quashing of the FIR and interim release, but the bench declined their plea, permitting the police investigation to continue.
As per a report by PTI, the court’s choice got here on Monday. According to the order, the allegations against the Bhatts and other co-accused prolong past a mere contractual dispute and recommend “deliberate diversion and misappropriation of funds.” Justice Sameer Jain noticed that, on the face of the matter, the case entails dishonesty and lacks transparency fairly than only a breach of contract.
“The allegations are not confined merely to non-performance of a contract; they involve deliberate diversion of funds, lack of transparency, and elements of dishonesty. The preliminary inquiry has revealed evidence of fake invoices and the circulation of funds.”
Bhatt’s legal staff had argued that the dispute is actually civil in nature, arising from an settlement to make 4 movies and therefore shouldn’t appeal to prison proceedings. They also contended that the venue for resolving such contractual points was Mumbai, not Udaipur.
The FIR was lodged by Udaipur-based businessman Dr. Ajay Murdia, who alleges that he was defrauded of around Rs 30-40 crores supposed for movie manufacturing, including a deliberate biopic on his spouse. He claimed that though funds had been paid as per the settlement, the tasks didn’t materialise and substantial quantities had been transferred to unrelated distributors and events.
Bhatt and his spouse had been arrested in Mumbai in early December and later produced before a court in Udaipur. Their earlier request for anticipatory bail was also rejected by the Bombay High Court. With the Rajasthan High Court declining to intrude with the FIR and bail functions, the police probe into the allegations will proceed as per normal procedures.
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Rajasthan High Court REJECTS bail plea of Vikram | Watch Online Free
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