A few days ago, it was reported that Shilpa Shetty and Raj Kundra have been accused of defrauding an investor in a gold scheme. In his complaint, a person named Prithviraj Kothari has said that in 2014, Raj and Shilpa launched a scheme under which anyone willing to invest would be making a complete payment of gold. An agreed quantity of gold would be delivered at the date of maturity.Thus, he had invested around Rs 90 lakh in this scheme and has now alleged the couple of fraud.
He claimed that the promised amount of gold was never delivered to him. The court had ordered a police probe on the matter. Now, Shilpa and Raj’s advocate Prashant Patil has released a statement. It reads, “The complainant had a moved a criminal complaint against my clients Raj Kundra and Shilpa Shetty in year of 2022. This complaint was thoroughly investigated by the police in the year of 2022 by adopting the due process of law. After thorough investigation it was found that the complainant had infact received the entire alleged amount of Rupees 90 lacs through legitimate means of payment.”
He further added, “My clients bonafidely submitted these documents to the police department. After finding out the truth of the matter , the police delivered justice to my clients. Post this enquiry , the complainant opted to file a private complaint under sec 156(3) CrPC before the Honourable Court . After a passage of almost 2 years , the Honourable Court has directed the police to investigate the case again . We have complete faith in the independence and fairness of the investigation. The truth shall prevail. My clients have not committed any offence and it has been established through documents in possession of my clients . The invoice between the Complainant and my clients , clearly reflect that there is an Arbritation clause in the said contract.”
He concluded by declaring, “If the complainant has any grievance about the alleged “interest amount “ the clause of Arbitration can certainly be invoked. However , the act of initiating criminal proceedings for settling commercial disputes has been deprecated by plethora of judgements of Honourable Supreme Court and various Honourable High Courts of our country. My clients shall fight this battle legally and shall cooperate with the investigation agencies. My clients reserve their right to sue the complainant for malicious proceedings , at the right stage of the proceedings.”
