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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Alia Bhatt buys a new house in Bandra for whopping Rs. 37.80 crore, gifts two flats worth Rs. 7.68 crore to her sister Shaheen

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Bollywood actress Alia Bhatt has made some hefty property investments in the month of April 2023. The actress has purchased a new house in Bandra worth Rs. 37.80 crore. This is bought by her production house Eternal Sunshine Production Pvt. Ltd.

As per the reports, the property is spread across 2,497 sq ft. The actress paid Rs. 2.26 crore stamp duty and registered the sale agreement on April 10, 2023.

Apart from this, Alia Bhatt gifted two of her flats in Mumbai to her sister Shaheen Bhatt which are worth Rs. 7.68 crore on April 10. It is being reported that the flats are spread across 2,086.75 sq ft in Gigi Apartments in Juhu, Mumbai. A stamp duty of Rs. 30.75 lakh was paid by her.

On the work front, Alia Bhatt has an exciting year ahead with the release of Netflix’s Heart of Stone with Gal Gadot and Jamie Dornan. She also has Karan Johar's Rocky Aur Rani Ki Prem Kahani. The film stars Ranveer Singh, Dharmendra, Jaya Bachchan and Shabana Azmi. ALSO READ: Alia Bhatt deletes and reshares snap of Ranbir Kapoor bonding with daughter Raha; calls them her "world"



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