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

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...

Nawazuddin Siddiqui files Rs. 100 crore defamation case against his brother and estranged wife

Nawazuddin Siddiqui has moved the court for defaming and maligning his image and has filed a defamation suit against Shamas Nawab Siddiqui and former wife Aaliya Siddiqui seeking damages of Rs. 100 crores. As per current reports, the hearing will be held on March 30 by Justice RI Chagla. The suit has come after several allegations were thrown against the Kick actor after his wife accused the Siddiqui family of harassment and torture. In his suit, the actor has alleged that the allegations thrown towards him has affected his public image. In the suit that has been filed through advocate Sunil Kumar, Nawazuddin Siddiqui has alleged that he is unable to make any kind of appearances or attend social gatherings owing to the many accusations thrown towards him. He has alleged that these ‘misleading claims’ have impacted his career and hence, he has also requested the court to pass an order of injunction to restrict his brother and estranged wife Anjana Pandey alias Aaliya Siddiqui from making any more defamatory comments against him, along with a request added for taking down the already existing remarks and statements against him. Furthermore, in the same suit, Nawazuddin Siddiqui has also alleged that his brother has committed several fraudulent transactions which has resulted in major monetary loss for the actor. The actor has further alleged that due to misappropriation of funds, the actor currently owes a whopping amount of Rs. 37 crores to the government, after his brother failed to make some major payments. Furthermore, he has also accused his wife Aaliya Siddiqui of being an accomplice to his brother and misappropriating Rs. 21 crores. As per the given report, when Nawazuddin confronted his brother regarding the missing funds, the latter is claimed to have ‘instigated’ Nawaz’s estranged wife against the Siddiqui family, which led to her alleging that how her in-laws tortured and harassed her. With the hearing to be held on March 30, it is yet to be seen how the case proceeds. Also Read: Nawazuddin Siddiqui BREAKS his silence on allegations made by Aaliya Siddiqui; pens a long note clarifying his stand

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