Overview
- Chief Justice Surya Kant and Justice Joymalya Bagchi ordered Shwetambari Bhatt’s immediate release from Udaipur jail on interim bail, issuing notices to the Rajasthan government and complainant Ajay Murdia.
- The Supreme Court listed the case for further hearing next week, with multiple outlets reporting February 19 for the next date.
- The bench raised concerns about Rajasthan being the forum and noted the petitioners had not sought quashing of the FIR.
- Vikram and Shwetambari Bhatt were arrested in Mumbai on December 7, 2025, and remained in custody after the Rajasthan High Court denied bail on January 31.
- The FIR alleges misappropriation around Rs 30 crore for film projects, though some submissions cite about Rs 44 crore, and reports differ on whether Vikram Bhatt was also granted interim bail.