Actor Shilpa Shetty and her husband, businessman Raj Kundra's plea to travel abroad has been denied by the Bombay High Court. The couple, embroiled in a ₹ 60 crore cheating case had sought suspension of the Look Out Circular (LOC) issued against them in connection with the case.
An LOC is an alert issued by immigration authorities to restrict the movement of an individual, preventing them from leaving country while investigations are pending.
What is the case against Raj Kundra and Shilpa Shetty?
The case in question stems from a complaint filed by businessman Deepak Kothari, who alleged that between 2015 and 2023, Shilpa Shetty and Raj Kundra induced him to invest ₹ 60 crore in their now-defunct venture, Best Deal TV Pvt Ltd, and later diverted the funds for personal use.
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