Overview
- Justice Vinod Kumar Bharwani refused bail to Vikram Bhatt, Shwetambari Bhatt and Mehboob Ansari, keeping them in custody as the probe continues.
- The Special Public Prosecutor argued that key inquiries remain pending, further interrogation is required and release could jeopardize witness testimony.
- An FIR lodged on November 17 at Bhupalpura police station in Udaipur by Indira IVF founder Dr. Ajay Murdia alleges cheating and criminal breach of trust.
- Prosecution claims include fake bills and diversion of funds, citing ₹4,23,13,424 routed through multiple accounts with ₹1,65,69,955 deposited into personal accounts, alongside payments from Indira Entertainment totalling ₹42,70,82,232.
- The complaint says two films were completed, a third was about 25% done and a fourth never began, with around ₹25 crore allegedly misused for the unstarted project; an earlier bid to quash the FIR was also rejected.