Businessman Raj Kundra and his wife, actress Shilpa Shetty, have strongly denied recent media reports suggesting that a court directed them to deposit Rs 60 crore before leaving India. The reports surfaced amid an ongoing legal dispute involving businessman Deepak Kothari, who has accused the couple of financial misconduct.
In an interview with Hindustan Times, Kundra dismissed the circulating reports as completely baseless. “The court has not instructed me to deposit any sum, as has been inaccurately reported. It has only requested information regarding the travel purpose along with the official documentation to be presented at the next hearing on October 14,” he clarified.
‘Media Should Verify Facts Before Spreading Misinformation’ Kundra expressed
frustration over the continued misrepresentation of facts in the media. “I am tired of the claimant’s ongoing misrepresentations, and we are currently taking action against the claimant. Numerous facts will emerge in the days ahead. I encourage the media to confirm the facts before disseminating misleading information,” he stated.
The clarification comes after several portals claimed that the couple had been ordered to pay Rs 60 crore to the court as a condition to travel abroad, a claim that now stands refuted.
Deepak Kothari’s Complaint Against The Couple
For those unaware, Deepak Kothari, director of Lotus Capital Financial Services Ltd, has filed a case against Kundra and Shetty, alleging financial misconduct spanning from 2015 to 2023. He accused the couple of diverting funds meant for expanding their television shopping business, Best Deal TV Pvt Ltd, for personal use.
According to Kothari, the couple had requested a loan of Rs 75 crore in 2015 at a 12% interest rate to grow their venture. However, he alleged that multiple recovery attempts failed, leading him to claim that the funds were misused.
The couple’s lawyer, Prashant Patil, has categorically denied all allegations, asserting that the charges are unfounded and aimed at tarnishing their reputation.