Sheetal Mafatlal gets bail, may be released from jail tomorrow

Image
Press Trust of India Mumbai
Last Updated : Jan 20 2013 | 9:33 PM IST

Businesswoman and socialite Sheetal Mafatlal was today granted bail on certain conditions by a local court in a case of alleged evasion of duty on jewellery worth Rs 53 lakhs carried by her on return from London.

However, Sheetal may have to spend another night in the 120-sq feet cell of Byculla jail as formalities for furnishing cash or surety might take time, her lawyer Satish Maneshinde told reporters.

A magistrate released her on bail on Rs five lakh in cash or surety and asked her to deposit Rs 18 lakhs with the Air Intelligence Unit of Customs.

Sheetal was also asked to report to the Customs twice a week on Mondays and Thursdays and told not to leave the country without the permission of the court.

Sheetal was detained at the airport here on Sunday after she was found to be carrying 61 items of assorted jewellery, two wrist watches and a ladies handbag valued by Customs to the tune of Rs 53.67 lakh.

However, Sheetal contended that the value of jewellery carried by her was Rs 20,000 and these items were gifted to her by her parents and in-laws. She denied the Customs allegation that they were purchased abroad.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 09 2009 | 6:56 PM IST

Next Story