Latest news with #BestDealTVPvtLtd
News18
4 days ago
- Entertainment
- News18
Rs 60 Crore Cheating Case To Pornography Content : A Look At Shilpa Shetty, Raj Kundra's Infamous Controversies
1/8 The case is linked to a loan-cum-investment deal for the celebrity couple's now-defunct Best Deal TV Pvt Ltd. (Image: Instagram) Here's a look at the celebrity couple's infamous controversies in the past. (Image: Instagram) Pornography Content Case: In July 2021, Raj Kundra was arrested for allegedly producing and distributing pornographic content via apps like HotShots, marking one of the most high-profile scandals involving the couple. (Image: Instagram) Obscenity Charges Against Shilpa Shetty: The Bollywood actor faced non-bailable warrants for "obscene" photos published by a Tamil newspaper. She was eventually acquitted and criticized the frivolity of the lawsuit, questioning societal norms around modesty. (Image: Instagram) Richard Gere-Shilpa Shetty Kiss Controversy: During an AIDS awareness event in New Delhi in 2007, Hollywood actor Richard Gere publicly kissed Bollywood actress Shilpa Shetty. The act triggered widespread outrage and complaints were filed under various sections of the Indian Penal Code (IPC) and the Information Technology Act, accusing both Gere and Shetty of public obscenity. (Image: Instagram)
NDTV
5 days ago
- Entertainment
- NDTV
Raj Kundra Offers His Kidney To Premanand Maharaj Amid Rs 60 Crore Fraud Allegations
New Delhi: Shilpa Shetty and her husband, businessman Raj Kundra, were in Vrindavan recently, where they paid a visit to spiritual leader Premanand Maharaj. In a video that has now surfaced online, Raj Kundra offers his kidney to the guru as the latter thanks him for his kindness. What's Happening Shilpa Shetty and Raj Kundra were seen spending some time in the calming presence of Premanand Maharaj in Vrindavan. As the couple carefully listened to Maharaj's wise words, he also revealed how both his kidneys have failed, and he has been surviving with that condition for the past 10 years. Hearing about his ailment, Raj Kundra made an emotional offering that even left Shilpa Shetty surprised. Raj Kundra said, "I've been following you for the past two years. I have no questions because your videos always answer any doubts or fears I have. You are an inspiration to everyone. I know about your health condition, and if I can help, one of my kidneys is yours." Maharaj thanked Raj Kundra for his selflessness as he replied, "It's enough for me that you stay happy. Until the call comes, we won't leave this world because of a kidney. But I accept your goodwill from the heart." Shilpa Shetty also asked Maharaj about the practice of chanting 'Radha', to which he replied that it can successfully help her to get rid of her problems. About Premanand Maharaj Premanand Maharaj is a highly respected figure among dedicated devotees across India. Anushka Sharma and Virat Kohli are among his most regular visitors. He is known for his devotion to Lord Radha-Krishna, and his teachings expand across love, faith, and the power that can be released by chanting God's name. His sermons shared online often end up getting millions of views. Raj Kundra-Shilpa Shetty Recent 60-Crore Allegation Case Earlier today, news of Shilpa Shetty and her husband, businessman Raj Kundra, being charged with defrauding a Mumbai-based businessman of Rs 60 crore started making the rounds. The case is linked to loan-cum-investment deal for the celebrity couple's now-defunct Best Deal TV Pvt Ltd. Raj and Shilpa have denied all allegations as " baseless and malicious". In A Nutshell Shilpa Shetty and Raj Kundra visited Premanand Maharaj in Vrindavan amid the ongoing 60-crore fraud case. The businessman offered his kidney to the Maharaj after hearing that he has had two failed kidneys for 10 years now.
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First Post
5 days ago
- Business
- First Post
Did Shilpa Shetty and Raj Kundra dupe a businessman for Rs 60 crore? Couple's lawyer says 'This is an old transaction and…'
The complainant has alleged he invested his money in the couple's now defunct company Best Deal TV Pvt Ltd between 2015 and 2023 but his money was never used for business purposes. Celebrity couple Shilpa Shetty and Raj Kundra are in trouble once again and this time, there are reports they duped a businessman for Rs 60 crore. The case has now been handed over to the Economic Offences Wing (EOW) for further investigation as the amount involved exceeded Rs 10 crore. The name of the complainant is Deepak Kothari. Kothari has alleged he invested his money in the couple's now defunct company Best Deal TV Pvt Ltd between 2015 and 2023 but his money was never used for business purposes. STORY CONTINUES BELOW THIS AD Couple's lawyer breaks silence My clients have been informed by certain segment of electronic and print media that there is an alleged case registered against my clients at the Economic offence wing , Mumbai . At the outset , my clients deny all the allegations against my clients which are purely civil in nature and have been adjudicated by the NCLT Mumbai on 04/10/2024 This is an old transaction , wherein the company went in to financial distress and eventually got entangled in a long legal battle at the NCLT There is no criminality involved and our auditors have submitted all the necessary supporting documents from time to time, as requested by the EOW, including detailed cash flow statements. The investment agreement in question is purely in the nature of an equity investment. The company has already received a liquidation order, which has also been placed before the police department . The concerned Charter accounts have visited the police station for last one year for more than 15 times with all the evidence supporting the claims of my clients . STORY CONTINUES BELOW THIS AD This is nothing but a baseless and malicious case aimed at maligning our clients, and appropriate action is being initiated from our side against the perpetrators. Advocate Prashant Patil
Time of India
5 days ago
- Business
- Time of India
Shilpa Shetty and Raj Kundra's advocate says allegations of Rs 60 crore fraud was a 'Malicious attempt to defame my clients'
Soon after Bollywood actor Shilpa Shetty Kundra and her businessman husband Raj Kundra were booked in connection with the Rs 60.4 crore cheating case, their advocate, Prashant Patil, on Thursday issued a statement to IANS, calling the allegations "baseless" and said it is aimed at maligning the reputation of his clients. Advocate Releases Statement Responding to media reports, Advocate Prashant Patil released a statement that read, "My clients have been informed by certain segments of electronic and print media that an alleged case has been registered against them at the Economic Offences Wing, Mumbai. At the outset, my clients deny all the allegations, which are purely civil in nature and have already been adjudicated by the NCLT Mumbai on 04/10/2024." Calling it an old business transaction that turned into a legal matter after financial distress, Patil added: "There is no criminality involved. Our auditors have submitted all necessary supporting documents from time to time, as requested by the EOW, including detailed cash flow statements." He further clarified that the investment agreement in question was like an equity investment, and the company had already received a liquidation order, which was also presented to the Police Department. "The concerned chartered accountants have visited the police station more than 15 times over the past year, with all evidence supporting our clients' claims. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Learn 57+ Languages Easily with AI [Join] Talkpal AI Sign Up Undo This is nothing but a baseless and malicious case aimed at maligning our clients, and appropriate legal action is being initiated from our side against the perpetrators," Patil stated. About The Case The fraud case has been linked to a now-defunct company Best Deal TV Pvt Ltd, which involves a complaint by Mumbai-based businessman Deepak Kothari, who has accused the couple of defrauding him of over Rs 60 crore in a loan-cum-investment deal between 2015 and 2023. According to police sources, complainant Deepak Kothari, director of Lotus Capital Financial Services, alleged that the funds, meant for business expansion, were diverted for personal use. He said that Rajesh Arya had introduced him to the celebrity couple, who at the time were the directors of Best Deal TV Pvt Ltd, a home shopping and online retail company in which the couple reportedly held a combined 87.6 per cent stake. Complaint Filed Initially, the complaint was filed at Juhu Police Station under sections related to cheating and forgery. However, given the financial scale of the case, exceeding Rs 10 crore, the investigation was transferred to the EOW following a preliminary inquiry. Kothari claimed that the accused initially sought a loan of Rs 75 crore at 12 per cent interest but later urged him to structure it as an investment to avoid higher tax liability. In return, they allegedly promised monthly returns along with repayment of the principal amount.
Time of India
5 days ago
- Business
- Time of India
Shilpa Shetty and Raj Kundra deny cheating charges: 'An old transaction, no criminality involved'
Bollywood actor Shilpa Shetty Kundra and her businessman husband Raj Kundra are back in the spotlight amid fresh legal trouble. The Economic Offences Wing (EOW) of Mumbai has booked the couple, along with an unidentified individual, for allegedly defrauding a local businessman of over Rs 60 crore in a loan-cum-investment deal linked to their now-defunct company, Best Deal TV Pvt Ltd , according to IANS. The case has stirred media attention, but the couple's legal team has strongly refuted the allegations. What did Shilpa Shetty and Raj Kundra's lawyer say? Addressing the allegations, Raj Kundra and Shilpa Shetty's lawyer, Advocate Prashant Patil, stated that the couple denies all claims, which are purely civil in nature and were already adjudicated by the NCLT Mumbai on 04/10/2024. He explained that the transaction is old, and the company faced financial distress, leading to a prolonged legal battle at the NCLT. There is no criminality involved, and the auditors have submitted all necessary documents, including detailed cash flow statements, to the EOW. The investment was an equity investment, and the company has received a liquidation order, which has been shared with the police. The lawyer called the case baseless and malicious, aimed at maligning the clients, and said appropriate action will be taken against the perpetrators. What is the case about? IANS, citing Mumbai Police, reported that businessman Deepak Kothari has accused Shilpa Shetty and Raj Kundra of jointly cheating him of more than Rs 60 crore. It further reported that the money, provided between 2015 and 2023 ostensibly for business expansion, was allegedly diverted for personal use. The investigation has now been taken over by the EOW after the initial complaint was registered at Juhu police station. Since the amount involved exceeds Rs 10 crore, the case was escalated, with a preliminary enquiry confirming grounds for an FIR. Kothari, a Juhu resident and director of Lotus Capital Financial Services, told IANS he was introduced to the couple by Rajesh Arya. At the time, Shilpa Shetty and Raj Kundra held 87.6% of Best Deal TV Pvt Ltd. The couple allegedly sought a Rs 75 crore loan at 12% interest but convinced Kothari to provide it as an 'investment,' promising monthly returns and principal repayment. Kothari claims Rs 31.9 crore was transferred in April 2015, followed by Rs 28.53 crore in September 2015. Shilpa resigned as director in September 2016, despite earlier giving a personal guarantee. The company entered bankruptcy in 2017, and investigations are ongoing.
