Bollywood actress Shilpa Shetty has introduced that her upscale Mumbai restaurant, Bastian Bandra, will shut down this Thursday. The announcement comes at a time when she and her husband, Raj Kundra, are going through severe allegations of dishonest a Mumbai-based businessman out of ₹60 crore.
Whereas Shetty didn’t join the restaurant’s closure to the continuing authorized dispute, the timing has sparked hypothesis because the couple battles a case involving their now-defunct dwelling buying enterprise.
Shilpa Shetty’s farewell word
In an emotional message posted on social media, Shetty described the closure as “the top of an period.”
“This Thursday marks the top of an period as we bid farewell to certainly one of Mumbai’s most iconic locations — BASTIAN BANDRA. A venue that gave us numerous reminiscences, unforgettable nights, and moments that formed town’s nightlife now takes its last bow,” she wrote.
Shetty added that the restaurant will host a particular farewell night for its common patrons, celebrating its journey earlier than it closes.
She additionally clarified that whereas Bastian Bandra is shutting down, the model will proceed operations by way of its second outlet, Bastian At The High, situated on the forty eighth flooring of the Kohinoor Sq. constructing in Dadar West.
The ₹60 Crore Fraud Case: What We Know So Far
The restaurant closure comes in opposition to the backdrop of a dishonest case filed by Deepak Kothari, director of Lotus Capital Monetary Companies.
In response to an IANS report, Kothari alleged that Shetty and Kundra defrauded him of ₹60 crore between 2015 and 2023. The cash was reportedly invested in Greatest Deal TV Pvt Ltd, an organization co-owned by the couple, below the pretext of increasing its enterprise operations.
Kothari claims the funds had been as a substitute misappropriated and used for private bills. The criticism has been registered with Mumbai’s Financial Offences Wing (EOW).
Authorized Response from the Couple
Shetty and Kundra’s lawyer, Prashant Patil, issued an announcement rejecting the costs and describing them as unfounded.
“My purchasers have been knowledgeable by sure segments of digital and print media that an alleged case has been registered in opposition to them on the Financial Offences Wing, Mumbai. On the outset, my purchasers deny all of the allegations, that are purely civil in nature and have already been adjudicated by the NCLT Mumbai on October 4, 2024,” Patil mentioned.
He maintained that the case was civil in nature and had already been resolved by way of authorized proceedings.
About Bastian Bandra
Co-owned by Shilpa Shetty and restaurateur Ranjit Bindra, Bastian first opened its doorways in 2016 and later relocated to a bigger area in Bandra in 2023.
Identified for its seafood-centric menu, modern multi-level interiors, and A-list clientele, the restaurant rapidly turned certainly one of Mumbai’s hottest eating locations.
As Bastian Bandra prepares to shut, the model’s focus will shift to Bastian At The High, which is able to proceed serving clients and carrying ahead its legacy.
