After 1 month in jail, Dilip Chhabria's bail request rejected

A Metropolitan Magistrate’s Court has rejected both the bail applications filed by the car designer in the two cases filed against him.

Last month, Dilip Chhabria was arrested in a cheating case. Now, a Metropolitan Magistrate’s Court has rejected both the bail applications filed by the car designer in the two cases filed against him.

One of the case includes a cheating case wherein loans were taken against 90 cars sold by the company. In some instances, loans were taken for cars already sold. According to the Police, Chhabria and his company had availed loans from non-banking financial companies (NBFC) by posing as customers wanting to buy DC sports cars. An average loan of Rs. 42 lakh per car was availed.

The second case involved comedian Kapil Sharma, who is said to have paid Chhabria Rs. 5.7 crore towards a vanity van. Chhabria has failed to deliver the said van.

Source - Hindustan Times