Overview

• The High Court refused to suspend the look-out circular and adjourned the couple’s plea to October 14, with a division bench led by Chief Justice Shree Chandrashekhar hearing the matter.
• Mumbai Police’s Economic Offences Wing recorded Shilpa Shetty’s statement at her residence for about four hours on October 4 and collected documents for verification.
• Shetty told investigators she did not manage Best Deal TV’s affairs and said payments to her were celebrity fees, according to officials.
• Investigators have preliminarily traced roughly Rs 25 crore to payments to actresses and production houses, including transactions linked to Bipasha Basu, Neha Dhupia and Balaji Entertainment, subject to verification.
• The FIR, based on Deepak Kothari’s complaint, cites two 2015 transfers of Rs 31.95 crore and Rs 28.53 crore into Best Deal TV; statements of at least five people, including Raj Kundra and resolution professional Rajendra Bhutada, have been recorded.