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Vikram Bhatt and wife sent to judicial custody
Filmmaker Vikram Bhatt and his wife Shwetambari have been sent to judicial custody in connection with an alleged Rs 30 crore fraud case. The development follows an investigation in which authorities accused the couple of financial irregularities linked to professional commitments and billing practices.
According to reports, the court rejected an interim bail plea filed on medical grounds. With the plea turned down, both were remanded to judicial custody as the probe continues. The case has drawn attention because of Bhatt’s long-standing presence in the Hindi film industry and the scale of the alleged financial misconduct.
Fast facts:
- Vikram Bhatt is a well-known Hindi film director and producer.
- He and his wife Shwetambari are accused in an alleged Rs 30 crore fraud case.
- The court has sent both to judicial custody.
- An interim bail plea on medical grounds was rejected.
What are the allegations?
The allegations centre on claims that funds were obtained on the basis of fake bills and assurances related to film projects. Investigators allege that commitments were made regarding the production of multiple films, which were cited as justification for receiving large sums of money.
Reports state that the complainants were promised returns or deliverables linked to film production. However, the funds were allegedly misused, and the promised projects did not materialise as claimed. Authorities are examining documentation, financial trails, and agreements to determine the extent of the alleged fraud.
Link to a corporate entity
Another aspect under scrutiny is the alleged connection of the case to Indira IVF. Investigators are reportedly examining whether funds associated with the case were routed or linked to agreements involving the company. Officials have not publicly disclosed all details, citing the ongoing nature of the investigation.
This angle has added a corporate dimension to what initially appeared to be a dispute related primarily to film production commitments. Law enforcement agencies are continuing to question involved parties and verify records.
Legal status and next steps
With the interim bail plea rejected, Vikram Bhatt and Shwetambari will remain in judicial custody for now. Legal experts note that further hearings will determine whether regular bail may be considered at a later stage, depending on the findings of the investigation and submissions by both sides.
The case remains under active investigation, and authorities have indicated that more information could emerge as financial documents are examined. For now, the matter is before the courts, and no final determination of guilt has been made.
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