Bombay High Court Mandates Rs 60 Crore Deposit from Shilpa Shetty and Raj Kundra for International Travel Amidst Cheating Probe

In a significant development that has captured national attention, the Bombay High Court has issued a directive to Bollywood actress Shilpa Shetty and her husband, businessman Raj Kundra, instructing them to deposit a substantial sum of Rs 60 crore. This mandate comes as a prerequisite for the couple to obtain permission for international travel, amidst an ongoing investigation into a cheating case.

The high-profile case revolves around allegations of fraud linked to a gold scheme.

The court's decision underscores the seriousness with which it views the accusations, particularly given the large number of individuals reportedly affected by the alleged scheme. The couple had approached the court seeking clearance to travel abroad, a request now made contingent on the hefty financial guarantee.

During the proceedings, the court took note of the complexity and the widespread impact of the alleged financial irregularities.

The deposit serves as a safeguard, ensuring the couple's presence for further investigation and legal proceedings, should the need arise during their proposed international sojourn. This move by the High Court highlights the judiciary's commitment to protecting the interests of complainants in financial fraud cases.

Both Shilpa Shetty and Raj Kundra have been under scrutiny since the cheating allegations first surfaced.

While they have denied any wrongdoing, the court's latest order adds another layer of legal obligation to their current situation. The Rs 60 crore deposit is not a penalty, but rather a security measure, a common practice in cases where individuals facing serious charges seek to travel internationally, ensuring their return and cooperation with the ongoing probe.

Legal experts suggest that such conditions are standard in cases involving significant financial implications and a risk of flight.

The couple's legal team is expected to evaluate the court's order and proceed accordingly. This ruling is set to have considerable implications for their future travel plans and their involvement in the protracted legal battle.

The investigation into the alleged cheating case continues, with authorities meticulously examining evidence and statements.

The High Court's firm stance reiterates the judiciary's role in maintaining accountability, especially for public figures, ensuring that legal processes are not circumvented due to international travel. The coming weeks will likely see further developments as the couple responds to the court's order and the investigation progresses.