Shilpa Shetty, family dragged to court for not repaying loan

Shilpa Shetty, sister Shamita and mother Sunanda have been dragged to court for failing to repay loan amounting to Rs2 million, which was allegedly taken by Shilpa and Shamita’s father, Surendra Shetty.

According to Indian media reports, Parhad Amra, proprietor of an automobile agency claims that Shilpa’s late father had borrowed Rs 2 million and was supposed to pay the amount with interest in January 2017. Shilpa’s family has denied the allegations and will be up for hearing on January 29 at the Metropolitan Magistrate Court.

As per a report in Mid-Day, Parhad claims that he shared cordial relationship with Shilpa’s father and it was in July 2015 that he provided financial help to Surendra Shetty for his business.

Parhad further claims that he was told that Sunanda and his two daughters were his partners and aware of this business transaction. But a few months before the set date, Surendra Shetty passed away in October 2016. But after his death, “Sunanda and her daughters denied that the loan was ever advanced, and refused to repay the amount,” he said.

Shilpa on the other hand, said in a statement, “I have never had any involvement in my late father's business, and have no knowledge at all of the financial dealings of the company. This gentleman is misleading the media. I knew him in the capacity of our family car mechanic that's all”.