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Filmmaker Vikram Bhatt Finally Granted Bail in Cheating Case After Spending Two Months in Jail

  • On Thursday, the Supreme Court of India, three-judge bench granted regular bail to Bollywood filmmaker Vikram Bhatt and Shwetambari Bhatt, setting aside the Rajasthan High Court's refusal.
  • Rooted in film-financing, the case stems from funding linked to the proposed biopic of Ajay Murdia's late wife and other film projects, with the bench calling it mainly a commercial transaction.
  • Rajasthan Police registered a cheating case, the couple was arrested in December and lodged in Jodhpur Central Jail, and the defence said they cooperated with the investigation.
  • The court directed both sides to approach the Supreme Court Mediation Centre for settlement while the trial court continues hearing the case, expecting sincere efforts to resolve the dispute.
  • The Supreme Court of India reiterated that criminal law should not be used as a substitute for commercial dispute resolution mechanisms, emphasizing the commercial nature of the case.
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Devdiscourse broke the news in India on Thursday, February 19, 2026.
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