According to the complaint, Shilpa had allegedly induced a city-based company to invest the huge amount in a company run by her.
The 39-year-old actress took to Twitter to slam the accuser.
"Seeking legal advice... He's a defaulter and clearly a fraud going by his reputation. So annoying!
"Crazy news! I dare this Manoj Jain to submit proofs to his ridiculous claims. His two minute fame can't b @ the cost of my hard earned reputation," she wrote.
Guha in his complaint alleged that the ESPL took a sum of Rs nine crore through Real Time Gross Settlement (RTGS) and cheque from M K Media Private Limited with a promise of repayment of 10 times the invested amount within two years.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
