Overview

• Investigators rescheduled Kundra’s appearance to September 15 after he sought more time from an initial September 10 date.
• Mumbai Police issued Look-Out Circulars on September 5 for Kundra and Shilpa Shetty to restrict international travel during the inquiry.
• An FIR filed in August at Juhu Police Station stems from investor Deepak Kothari’s complaint alleging misuse of ₹60.48 crore invested between 2015 and 2023.
• The case cites IPC sections 403, 406 and 34, and the EOW has summoned the auditor tied to NCLT proceedings while tracing the money trail.
• Kundra and Shetty deny wrongdoing, asserting the dispute is civil and was addressed by the NCLT on October 4, 2024, as Shetty’s 2016 exit from the firm is noted.