Could Actor Shahrukh be in violation of laws? know more
It appears to be a controversy in the making. According to a report, actor Shahrukh Khan’s lavish holiday mansion at Alibaug area near Mumbai is in the middle of a controversy as a media investigation has found that the property may have been built in clear violation of land laws.
The investigative report alleged that Shahrukh floated a company called DejaVu Farms pvt ltd mainly to procure the land as according to state land laws, only farmers are allowed to purchase agricultural lands.
Shahrukh had purchased the farm land through the DejaVu farms, however, its balance sheet doesn’t show the company involved in any agricultural activities. The actor also gave an unsecured loan of over Rs 8 crore to the company in 2006-07, following which its shares were transferred to the names of Gauri Khan’s relatives in the same year. Gauri, Shahrukh’s wife, is reportedly also one of the directors of the company.>