Bombay High Court grants interim relief to Naagzilla consultant Kuldeep Singh Champawat in Rs. 3.92 cr financial irregularity case; no role attributed to him in payment hierarchy
Here's the latest update from the Bollywood world:
According to the complaint, payments worth Rs. 3,92,76,308 were allegedly made without following the financial procedures outlined in the SOP signed by the two production companies.
Adding to this, During the hearing, advocate Niteen Pradhan, representing Champawat, argued that his client was working only as a consultant and did not have the authority to approve or rollout payments. He further submitted that financial decisions were handled by chartered accountants and that Champawat was not included in the designated payment approval hierarchy.
Meanwhile, After considering the submissions, the High Court observed that the payment approval structure did not assign Champawat any specific role in authorising the payments. The court also took note of the fact that he had no criminal antecedents.
Notably, While granting protection, the High Court directed Champawat to appear before the D.N. Nagar Police Station on November 12, 2026, between 10 am and 2 pm. He has also been asked to cooperate with the investigation and provide relevant documents whenever required by the investigating authorities.
As per the latest buzz, The case relates to financial transactions between the two production houses associated with Naagzilla . The court's order concerns Champawat's anticipatory bail plea and the conditions attached to the interim protection. The investigation into the alleged financial irregularities is ongoing.
Source: Bollywood Hungama