Sheetal Mafatlal granted bail in Mumbai Court

Sheetal Mafatlal, President of Mafatlal Luxury.

Sheetal Mafatlal, Business woman  was today remanded in judicial custody till June 12 after she was arrested for
allegedly trying to evade duty by not declaring Rs 51 lakh worth jewellery.

The customs officials had intercepted the noted socialite on specific information and recovered undisclosed
jewellery estimated to be between Rs 51 lakh and one crore from her bag.She was booked under relevant sections of the
Indian Customs Act.

Meanwhile, Mafatlal’s lawyer Satish Maneshinde has said that the arrest has been done at the instance ofsome disgruntled opponent of Atulya, her husband and scion of Mafatlal industries.Her lawyer has also established the exact value of the seized jewellery.

Lawyer Mr.Maneshinde said that Sheetal had 51 items in her possession including bangles, chains and rings and the most valuable jewellery was worth Rs 2.5 lakh. The jewellery was given to her by her father-in-law and was used ones.

But  Mumbai court on Tuesday granted bail to Sheetal Mafatlal wife of industrialist Atulya Mafatlal.

Sheetal was arrested in a case of intentional smuggling of gold jewellery and false declaration of value of goods to evade payment of customs duty on jewellery worth over Rs 50 lakh.

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