Bollywood actor Shilpa Shetty and her businessman husband Raj Kundra have approached the Bombay High Court seeking to quash a Rs 60-crores cheating case registered against them by the Mumbai police’s Economic Offences Wing (EOW). The case stems from a complaint 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 using the funds for business purposes, the amount was misappropriated for personal benefits. According to the FIR, a meeting was held in 2015 at a five-star hotel in Juhu where Shilpa Shetty, Raj Kundra, Arya, and Kothari were present. The couple reportedly represented themselves as directors of Best Deal TV and requested a business loan, assuring Kothari of monthly returns and repayment of the principal amount. The funds were routed as “investment” to avoid higher taxation, according to the complaint. Shilpa Shetty and Raj Kundra’s legal team has claimed that the FIR was lodged based on false and distorted facts and has been “maliciously filed with an ulterior and malafide motive to extort money.” Shilpa Shetty stated that she was not involved in the company’s day-to-day affairs and was associated with it for a limited period. The couple has argued that the dispute is civil in nature, arising from a failed business venture and investment loss, aggravated by economic downturns like demonetisation. The Bombay High Court on Monday heard the couple’s plea and directed them to provide a copy of their petitions to the complainant, Deepak Kothari. The matter has been posted for further hearing on November 20. The couple has also sought protection from any coercive action or filing of a chargesheet pending the disposal of their petitions. Also Read: Shilpa Shetty reveals her adorable nickname for Tabu in birthday wish: “Dearest Timpoo, Happy Happy birthday”.
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Shilpa Shetty’s mother Sunanda Shetty hospitalized; actress visits Lilavati Hospital
Bollywood actress Shilpa Shetty was spotted at Mumbai’s Lilavati Hospital on Thursday after her mother, Sunanda Shetty, was admitted owing to age-related health complications. Shilpa appeared visibly concerned as she entered the hospital to be with her mother, prompting an outpouring of support and prayers from fans and well-wishers across social media. View this post on Instagram A post shared by Varinder Chawla (@varindertchawla) Sunanda Shetty’s hospitalisation comes shortly after Shilpa withdrew her plea seeking permission to travel abroad due to an ongoing legal case. The Bombay High Court had earlier refused to stay a Look Out Circular (LOC) issued against Shilpa and her husband, Raj Kundra, in connection with an alleged Rs 60-crores cheating case, making travel outside India conditional on payment of the disputed amount. Just days before the health scare, Shilpa posted cheerful Diwali celebration pictures with her sister Shamita Shetty and Raj Kundra, showcasing a united and festive family in traditional attire. View this post on Instagram A post shared by Shilpa Shetty Kundra (@theshilpashetty) On the professional front, Shilpa was last seen as a judge on Super Dancer Chapter 5, while Raj Kundra recently appeared as a contestant in the reality show The Traitors. The family’s public appearances remain in the spotlight as supporters await further updates on Sunanda Shetty’s condition. No official statement has been released by Shilpa Shetty or her family regarding Sunanda Shetty’s health status yet, but public messages continue to pour in for her speedy recovery. Also Read: Diwali 2025: From Shraddha Kapoor to Shilpa Shetty to Ananya Panday, Bollywood stars celebrate the festival of lights with grandeur; watch.