Updated: September 2, 2021 11:58:50 pm
A Delhi court has directed Delhi Police to submit an action taken report (ATR) in an application seeking registration of FIR against businessman Raj Kundra and actor Shilpa Shetty for allegedly misappropriating Rs 41 lakh for production and circulation of porn movies. Metropolitan Magistrate Mansi Malik directed police to submit the ATR on November 9.
The complainant, Artec Builders LLP, through its partner Vishal Goel, filed the application seeking registration of FIR against Kundra, Shetty and five others, who are directors and promoters at Vivaan Industries Ltd.
The application, moved by advocates Sahil Munjal and Rhea Gandhi, stated that the accused are “actively involved in businesses other than ones that the complainant was shown as per the brochure…and are further misappropriating funds into illegal activities such as production and circulation of porn movies”.
The complainant stated that co-directors of Vivaan Industries, along with Kundra, allegedly “enticed and induced us to invest in their company and promised us huge profits”. The plea stated that the accused allegedly showed the complainant “a very rosy picture of the company. The complainant, it maintained, was told that the company is “actively involved in activities related to gaming, animation, licensing, technology, beauty products, etc”.
The plea stated that they waited a full year but got no profits. Thereafter, they realised that “something was fishy and the entire plan was to lure and induce unsuspecting investors into investing…and thereafter siphoning off such sums through related entities”, it stated.
According to the complainant, the accused were not interested in carrying out any business mentioned in their brochure, and despite assurances by Kundra that the money would be returned, they “have not returned even a penny till date”.
The application stated that recently, “through the news reports, it has come to our knowledge that the company is into defrauding investors and has never carried out any of the businesses stated above, but is into the business of producing adult porn movies by developing mobile applications and circulating them…”
The plea stated that “upon receipt of money, the accused have used a chain of different agencies to launder the same and make unauthorised personal gains”.
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