Shilpa Shetty Announces Closure of Iconic 'Bastian Bandra' Amid ₹60 Crore Fraud Case

Shilpa Shetty Bandra Restaurant Shuts Down: Actress Shilpa Shetty and husband Raj Kundra's Bandra restaurant is now going to close. The actress herself shared the information with her fans.

Muskan Kumawat
Muskan Kumawat Verified Public Figure • 02 Apr, 2026 Author
September 3, 2025 • 10:56 AM  0
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Muskan Kumawat
Muskan Kumawat
7 months ago
Shilpa Shetty Announces Closure of Iconic 'Bastian Bandra' Amid ₹60 Crore Fraud Case
c 'Bastian Bandra' Amid ₹60 Crore Fraud Case
Shilpa Shetty Bandra Restaurant Shuts Down: Actress Shilpa Shetty and husband Raj Kundra's Bandra restaurant is now going to close. The actress herself shared the information with her fans.
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Shilpa Shetty Announces Closure of Iconic 'Bastian Bandra' Amid ₹60 Crore Fraud Case
Shilpa Shetty Announces Closure of Iconic 'Bastian Bandra' Amid ₹60 Crore Fraud Case

Bollywood actress Shilpa Shetty and her husband Raj Kundra have been facing problems since last few days. The Economic Offenses Wing (EOW) had recently registered a case of fraud of Rs 60 crore against both of them. At the same time, Shilpa has now announced the closure of her famous restaurant 'Bastian Bandra'.

Talking about the restaurant, it was launched in 2016 and was considered an important part of Mumbai's nightlife. Especially famous for seafood, 'Bastian' was not just a food hub, but also became a center for meetings of film stars and big personalities of the business world. Started in partnership of Shilpa and Ranjit Bindra, this restaurant had become a 'hotspot' of Mumbai over time.

Shilpa Shetty shared this information through Instagram story. She wrote that this Thursday will be like the end of an era as an iconic destination of Mumbai is now going to close. She said that 'Bastian' gave her and the city countless memories. On this occasion, she will organize a special night, in which those moments will be celebrated with old customers.

However, Shilpa also clarified that this brand will not end completely. She says that its new chapter will start with the name 'Bastian at the Top'. Here this series will move forward with new experience and new energy.

It is worth noting that Shilpa Shetty and Raj Kundra have been accused of fraud of Rs 60.4 crore by Deepak Kothari, a Mumbai businessman. The complaint said that this amount was given in the form of investment and loan between 2015 and 2023, but later it was allegedly used for personal expenses. The matter is related to a company named 'Best Deal TV Private Limited', which is now closed.

On these allegations, lawyer Prashant Patil had issued a statement on behalf of Shilpa and Raj. He said that this is an old transaction, which was heard in NCLT Mumbai in 2024. According to Patil, this entire matter is of civil nature and there is no criminality in it. He also claimed that the auditors have submitted all the documents and cash flow statements to the investigating agencies from time to time.

Shilpa and Raj's lawyer called the case baseless and said that this step has been taken to tarnish the image of Shilpa and Raj. Also, he added that his clients are also now preparing for legal action.

Muskan Kumawat Verified Public Figure • 02 Apr, 2026 Author

Muskan Kumawat is an Entertainment Journalist at Bolly Orbit, covering the latest updates on Bollywood, celebrity news, movie reviews, and industry trends. She joined the team on July, 2024, bringing a passion for storytelling and a keen eye for entertainment insights.

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