Supreme Court grants Vikram Bhatt bail in fraud case

Freedom just landed for Vikram Bhatt and Shwetambari Bhatt after the Supreme Court ripped up the earlier bail rejection and pushed both sides toward settling that messy money fight.

Supreme Court grants regular bail

• The Supreme Court cleared regular bail for Vikram Bhatt and Shwetambari Bhatt.
• Chief Justice of India D. Y. Chandrachud led the Bench reviewing the plea.
• Justices Joymalya Bagchi and Vipul M. Pancholi also sat on that panel.
• Rajasthan High Court’s January 31 refusal got tossed aside.

Mediation push and interim relief

• The Supreme Court told both camps to show up at its Mediation Centre.
• Judges hinted they expect real effort toward sorting the payment clash.
• Earlier, Shwetambari snagged interim relief from the same Bench.
• Chief Judicial Magistrate, Udaipur, handled her bond paperwork.

Fraud complaint and arrest trial

• An FIR at Bhupalpura police station, Udaipur, kicked this off.
• Dr. Ajay Murdia from Indira Group and Indira IVF filed it.
• December 7, 2025, saw Mumbai cops pick up the couple.
• After the arrest, authorities transported them to Udaipur.

Money claims and film promises

• The complaint says Vikram Bhatt pitched a biopic plan via Vrindavan Studio, Mumbai.
• Dinesh Kataria allegedly introduced Murdia to that movie idea.
• Transfers totaling Rs 2,45,61,400 hit accounts tied to Bhatt’s circle.
• Indira Entertainment reportedly moved Rs 42,70,82,232 against a Rs 47 crore plan.

Projects and other accused

• Only two films actually reached release, per the filing.
• Vishwa Virat sits at around 25 percent done.
• Maharana-Ran has not even rolled the cameras yet.
• FIR also tags Krishna Bhatt, Mehboob Ansari, Mudit Buttan, Gangeshwar Lal Srivastava, and Ashok Dubey.