Police in Maharashtra have registered a criminal case against Bollywood actor Shilpa Shetty, her husband Raj Kundra, and three other company directors of home shopping channel, Best Deal TV.
The case was filed following a complaint made by Ravi Bhalotia, a 59-year-old businessman who alleged that the five directors had swindled him out of Rs 24.12 lakh.
Darshit Shah, Uday Kothari and Vedant Bali are the other three individuals named in the FIR, DNA reported.
"The complainant has stated that these five persons cheated him by purchasing bedsheets to sell them on television, but did not pay the money for the products. The complainant tried to reach the company officials, but they failed to solve the issue," DNA quoted Sukhada Narkar, spokesperson for Thane police department as saying.
According to media reports, Best Deal TV defaulted on payments on products manufactured by Bhalotiaâ€™s company that were sold by Best Deal between July 2015 and August 2016.
â€śMr. Bhalotia has alleged that between July 2015 and March 2016, Bhalotia Exports provided bedsheets and pillow covers to Best Deal TV. When the latter failed to pay the money, despite repeated follow-ups by Bhalotia Exports, Mr. Bhalotia stopped supplying the goods. However, in July 2016, a new agreement was signed, with a promise to pay the pending dues at the earliest. When there was still no payment, Mr. Bhalotia stopped the supply in August 2016,â€ť an officer with the Kongaon police station told The Hindu.
Bhalotia alleged that the company did not respond to notices.
While the celebrity couple owns the home shopping channel, the Economic Times reported that Raj Kundra stepped down as the CEO of Best Deal in December 2016, blaming the nationwide demonetisation for negatively impacting the business.