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Vikram Bhatt and his wife get bail in Rs 30 crore fraud case filed in Rajasthan

The Supreme Court granted bail to Vikram Bhatt and his wife in the alleged Rs 30 crore fraud case, calling it essentially a commercial dispute. The court also directed both parties to seek mediation

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Vikram Bhatt

Vikram Bhatt

Filmmaker Vikram Bhatt and his wife Shwetambari were arrested in an alleged Rs 30 crore fraud case. Now, the couple has been granted bail by he Supreme Court. The couple was arrested at their Mumbai residence on December 7 last year. A complaint was filed against them by a Udaipur-based doctor, alleging that he had been defrauded of crores by the director on the promise of making a film with his money. The couple was taken to Rajasthan after their arrest where the complaint was registered. 

Vikram Bhatt and his wife get bail

Observing that the case essentially stemmed from a commercial transaction between the parties, a Bench headed by the Chief Justice of India (CJI) set aside the Rajasthan High Court’s January 31 order, which had rejected the couple’s bail pleas.

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