The Bombay High Court, on Wednesday, demanded a ₹ 60 cr deposit to consider Shilpa Shetty, Raj Kundra's plea to travel abroad, as per reports by news agencies.
Bombay HC's order comes after the couple filed a plea in the high court seeking the quashing of a Look Out Circular (LOC) issued against them in connection with an FIR over an alleged fraud of ₹ 60 crore.
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.
Raj Kundra had already been questioned by the Mumbai Police’s Economic Offences Wing (EO