Bombay High Court Directs Shilpa Shetty & Raj Kundra to Deposit ₹60 Crore Amid Cheating Allegations"
Mumbai: The Bombay High Court on Wednesday said it would consider actor Shilpa Shetty and her husband Raj Kundra’s plea to travel abroad only if they first deposit ₹60 crore — the amount allegedly involved in a cheating case against them.
A bench comprising Chief Justice Shree Chandrashekhar and Justice Gautam Ankhad made it clear that the court “cannot permit leisure trips when the duo is accused in a cheating and fraud case.”
The case was registered at Juhu police station on August 14, after businessman Deepak Kothari (60) accused the couple of duping him of nearly ₹60 crore in a loan-cum-investment deal.
Last month, Shetty and Kundra filed a petition in the High Court seeking suspension of the Look Out Circular (LOC) issued against them by the Mumbai Police’s Economic Offences Wing (EOW). The couple said the LOC prevented them from travelling for professional commitments and leisure trips abroad.
Their lawyer told the court that only one proposed trip — to Phuket — was for leisure, while the rest were professional. He also said that the couple had cooperated with the investigation and appeared for questioning when called.
Taking note of this, the bench remarked that since they were cooperating, no arrest had been made so far. However, the court demanded proof of Shetty’s professional engagements abroad and directed her to submit copies of invitations or related communication.
“Deposit the entire amount of ₹60 crore, then we will consider the plea,” the bench said, posting the next hearing for October 14.
The couple’s petition seeks suspension of the LOC from October 2025 to January 2026.
According to police sources, Shilpa Shetty told investigators during her questioning on October 4 that she did not look into the company’s affairs. She and Kundra were directors of Best Deal TV Pvt. Ltd., a home shopping and online retail venture now under scrutiny by the EOW.
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