
The textile owner reportedly called the celebrity couple a cheat and tried to malign their reputation for extra media coverage.
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According to Indian Express, Raj later said that the businessman was abusing the law and misusing his connections. He then filed a petition in Bombay High Court.
Raj had responded to the accusation stating that it was Bhalotia who had violated the law and owed them money. “Raj Kundra and Shilpa Shetty Kundra have slapped a defamation notice for Rs100 crore on Ravi Mohanlal Bhalotia. A quashing petition has been filed in the Bombay High Court as they have tight contracts signed and have been responsibly following the laws of the land,” Raj’s spokesperson said, in a statement.
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At the time the FIR was filed, a police official was quoted as saying, “Big Deals, a company in which Shetty and Kundra are directors, collected money from customers for sale of bed sheets on behalf of Malotia Textiles through TV ads, but did not (allegedly) pay Malotia Textiles the proceeds.”
"A quashing petition has been filed in the Bombay High Court as they have tight contracts signed and have been responsibly following the laws of the land," the spokesperson further added.
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