Bombay HC asks Shilpa Shetty, Raj Kundra to deposit Rs 60 crores for travel, and LOC relief

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The Bombay High Court has directed actor Shilpa Shetty and her husband, businessman Raj Kundra, to deposit Rs 60 crore or provide a continuous bank guarantee from a nationalised bank before it will consider lifting a Lookout Circular (LOC) restricting their foreign travel. This order came during a hearing on their urgent plea to visit London for Kundra's ailing father, who is undergoing serious medical treatment. The bench of Justices AS Gadkari and RR Bhonsale emphasised the need to demonstrate bona fides amid doubts about their return to India. The LOC stems from a Rs 60.48 crore fraud complaint filed by Deepak Kothari, Director of UY Industries Pvt Ltd, alleging the couple induced him to invest in their now-defunct Best Deal TV Pvt Ltd between 2015 and 2023. Kothari claims the funds, provided as a loan with Shetty's personal guarantee, were misused amid heavy business losses, with no recovery despite repeated demands. The Economic Offences Wing (EOW) of Mumbai Police is inv...
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Can Gwyneth Paltrow’s star and brand bounce back from recent misses?

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Plot twist of events has seen the actor face backlash for her wellness choices and a week in court for a Utah ski crash lawsuit

It has not been a great week for actor and lifestyle tycoon Gwyneth Paltrow, once one of Hollywood’s hottest properties, who successfully founded a hugely lucrative wellness empire known as Goop.

But in a plot twist that seems as unlikely as any denouement in the movies she once graced, Paltrow spent much of last week in the drab surroundings of a Park City, Utah court room.

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