Shilpa Shetty, Raj Kundra approach Bombay High | Indian Movie News
Bollywood actor Shilpa Shetty and her businessman husband Raj Kundra have approached the Bombay High Court looking for to quash a Rs 60-crores dishonest case registered against them by the Mumbai police’s Economic Offences Wing (EOW).
The case stems from a criticism filed by Deepak Kothari, director of Lotus Capital Financial Services Ltd, an NBFC, who alleged that between 2015 and 2023, the couple, through an agent named Rajesh Arya, had induced him to invest Rs 60 crores in their now-defunct company Best Deal TV Pvt Ltd. Kothari claimed that instead of utilizing the funds for business functions, the quantity was misappropriated for personal advantages.
According to the FIR, a assembly was held in 2015 at a five-star resort in Juhu where Shilpa Shetty, Raj Kundra, Arya, and Kothari had been current. The couple reportedly represented themselves as administrators of Best Deal TV and requested a business loan, assuring Kothari of month-to-month returns and compensation of the principal quantity. The funds had been routed as “investment” to keep away from increased taxation, according to the criticism.
Shilpa Shetty and Raj Kundra’s legal workforce has claimed that the FIR was lodged based on false and distorted details and has been “maliciously filed with an ulterior and malafide motive to extort money.” Shilpa Shetty said that she was not concerned in the company’s day-to-day affairs and was related with it for a restricted period. The couple has argued that the dispute is civil in nature, arising from a failed business enterprise and investment loss, aggravated by financial downturns like demonetisation.
The Bombay High Court on Monday heard the couple’s plea and directed them to present a copy of their petitions to the complainant, Deepak Kothari. The matter has been posted for additional listening to on November 20. The couple has also sought safety from any coercive motion or submitting of a chargesheet pending the disposal of their petitions.
Also Read: Shilpa Shetty reveals her lovable nickname for Tabu in birthday want: “Dearest Timpoo, Happy Happy birthday”
Shilpa Shetty, Raj Kundra approach Bombay High | Watch Online Free
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