Bollywood actress Shilpa Shetty’s husband Raj Kundra reportedly reported the investigator that the demonization policy in 2016 was the reason why he could not repay the Central loan in the case of fraud. Kundra that faces a probe into the accusation of approximately £60 crore, quoted a ban £500 and £1,000 monetary notes as the cause of its financial difficulties, NDTV said.
The case is investigated by the wing of economic offenses in Mumbai (EOW). The complaint filed on 14 August Deepak Kothari, an entrepreneur based in Mumbai and director of Lotus Capital Financial Services.
Kothari claims to have been almost cheated £60 Crore in the Best Deal Private Limited Best Deal Private Limited, now extinct home shopping and online retail platform. Shetty and Kundra were formerly the company directors.
Kothari claims that in 2015 to 2023 a couple used the capital that provided, which was intended for the growth of the company, for their personal expenses. Financial data determine that Kothari has transferred the initial £31.95 crore in April 2015 based on a shared subscription contract followed by another £28.53 Crore in September 2015, while the entire amount was deposited in the Best Deal TV bank accounts.
While the money was originally agreed as an interest rate of 12%, Kothari claims that he later asked the couple to consider the amount to be an “investment”, promises both monthly revenues and repayment of the amount of principal. Later he found out that the insolvency proceedings began against the best television about the best claims that the company was cheating on another investor, led to Shilpa Shetty subsequently resigned from its role by the director.
Kothari claims that his repeated efforts to raise money have failed and accused Kundra and Shetty of the dishonest use of his resources for personal profit.
EOW is under investigation.
First deposit £60 crore: HC says Shilpa Shetty,
In the middle of Bombay High Court said he would consider only allowing actress Shilpa Shetty and her husband Raj Kundra to travel international level if she first inserts full storage £60 Crore sum connected to the case of cheating against them.
A couple recently filed a petition at the High Court, which was looking for a temporary suspension of the looking circle (LOC) issued by the police, allowing them to travel abroad for professional obligations and personal leisure time.
During Wednesday’s proceedings, the bench consisting of the main judge Shree Chandrashekhar and Judge Gautam Ankhad, strong reservations to grant permission for leisure time, due to the severity of fraud and cheating accusations faced by a couple.
The couple’s lawyer claimed that only one proposed journey – on Phuket – was for leisure, with all other foreign travel obligations were strictly professional.
The lawyer further stressed that the couple had fully cooperated with the ongoing investigation, including participation in all necessary questionnaires.
In response to the fact that the High Court bench pointed out that the current cooperation of the couple with the probe was precisely why it has not yet been arrested, suggesting that the cooperation has already been taken into account in their current non-zázník.
(Tagstotranslate) Raj Kundra (T) Rental Fraud (T)
