Click to play videoMumbai: Businesswoman and socialite Sheetal Mafatlal has been granted bail by a Mumbai court on a Rs 5 lakh bond. She has been asked by court to mark attendance at the Customs office two days a week and to pay customs duty worth Rs 18 lakh.
On Monday, Sheetal Mafatlal was remanded to judicial custody till June 12 after she was arrested for allegedly trying to evade duty by not declaring Rs 51 lakh worth jewellery in what is being claimed as a result of a tip-off by her "disgruntled opponent".
Sheetal, a prominent socialite and the President of Mafatlal luxury was arrested at the airport on Monday on her return from London.
Attired in a peach salwar suit and wearing sunglasses, Sheetal is - according to her husband and her lawyer - a Non-Resident Indian.
Sheetal's husband, Atulya, the scion of Mafatlal Industries, was standing during the entire court proceedings which lasted for two hours.
Sheetal's arrest followed a tip-off to police and other authorities by some "disgruntled" opponents of the Mafatlal family and industry, Defence lawyer Satish Maneshinde claimed outside a local court where she was produced on Monday.
Prosecutor Arun Gupte contended that Sheetal was guilty of offences under Customs Act which were non-bailable. He alleged that she had smuggled goods including jewellery worth Rs 53.67 lakh. She had not declared goods and walked through the green channel, he said.
Gupte argued customs authorities needed to investigate if Sheetal had been bringing jewellery in the past and if other people were involved in the smuggling of the jewellery.
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