Lookout Circular to Remain Active Amid Ongoing Economic Offences Investigation
High Court Denies Travel Plea for Phuket Vacation
The Bombay High Court has refused permission to Bollywood actor Shilpa Shetty and her husband, businessman Raj Kundra, to travel to Phuket, Thailand, for a planned three-day family vacation.
The bench, headed by Chief Justice Shree Chandrashekhar and Justice Gautam Ankhad, also declined to suspend the existing Lookout Circular (LOC) issued by the Economic Offences Wing (EOW) of Mumbai Police.
Pending Case Blocks Overseas Travel
- The couple is currently under investigation for their alleged involvement in a financial fraud case.
- Businessman Deepak Kothari has accused them of convincing him to invest ₹60 crore in their now-defunct company.
- According to the complaint, the funds were allegedly diverted for personal use rather than business purposes.
Arguments in Court: What Both Sides Said
- Petitioners’ Argument:
- Kundra and Shetty requested temporary relief to travel abroad.
- Their counsel emphasized that Kundra has cooperated with the investigation.
- They cited professional obligations and business commitments requiring international travel.
- The petition claimed that denying permission was a violation of their fundamental rights under Article 19 of the Constitution (freedom of profession).
- Government’s Stand:
- The state opposed granting any relief.
- They argued that allowing travel could hinder the ongoing investigation.
- The LOC remains necessary due to the seriousness of the charges.
What’s Next in the Case?
- The next hearing is scheduled in two weeks.
- Raj Kundra has already appeared before the Economic Offences Wing for multiple rounds of questioning.
- The LOC, which restricts international travel, continues to remain in effect for both individuals.
Key Takeaways:
- Travel Denied: No overseas travel allowed due to ongoing legal proceedings.
- LOC Active: Lookout Circular will not be paused, ensuring both remain in the country.
- Legal Proceedings Ongoing: The court remains firm on legal processes despite pleas related to personal and professional obligations.
