Case against chef Santosh Shah linked to restaurant deal, loan and cheque dispute
Summary
Celebrity chef Santosh Shah was arrested over a banking offence linked to a restaurant deal and loan dispute, but released on bail. The case involves bounced cheques, a loan default, and ongoing legal proceedings.
Key Points
- Santosh Shah was arrested in a banking offence related to a restaurant deal and loan dispute but released on bail after depositing the claimed amount.
- The dispute involves the Mithila Thali restaurant group’s purchase of Shila Restaurant from Aarjab Holdings with loan and rent dues complications.
- Aarjab Holdings faced financial stress due to unpaid loans by Mithila Thali, leading to bounced cheques and a fraud complaint.
- The Kathmandu District Court sentenced the accused to a fine and jail term but they were released on bail; investigations are ongoing.
