Accused Sukesh Chandrashekhar Offers ₹217 Crore Settlement in Extortion Case

In a significant development, Sukesh Chandrashekhar has proposed a settlement of ₹217 crore to Aditi Singh in an extortion case. This offer, submitted through his lawyer, is set to be reviewed by the court in January 2026. Chandrashekhar, currently in judicial custody, is facing multiple investigations, including allegations of fraud against prominent individuals. The case has drawn considerable attention due to its complexity and the involvement of various legal statutes. As the court awaits to decide on the settlement application, the implications of this case continue to unfold.
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Accused Sukesh Chandrashekhar Offers ₹217 Crore Settlement in Extortion Case

Settlement Proposal in Court

Sukesh Chandrashekhar, currently incarcerated, has submitted a proposal to the Additional Sessions Judge Prashant Sharma at Patiala House Court, offering ₹217 crore to complainant Aditi Singh in connection with a ₹200 crore extortion case. This application was filed through his attorney, Anant Malik, and it clarifies that the offer does not adversely affect Chandrashekhar's rights and should not be interpreted as an admission of guilt. The hearing for this case is scheduled for January 3, 2026. The application requests permission for both parties to reach a settlement based on the FIR registered by a special unit in Lodhi Colony, New Delhi.


Judicial Custody and Notice Request

Chandrashekhar, who is in judicial custody, has urged the court to issue a notice to the complainant and to record that the settlement proposal is genuine and contingent upon her agreement. The Delhi Police have filed a case against him for allegedly defrauding Shivinder Singh and Malvinder Singh's wives of ₹200 crore. Multiple investigations are ongoing against him across the country.


Ongoing Investigations and Legal Proceedings

The Delhi Police have arrested Chandrashekhar and his associate A. Paulos in this extortion case. They are also facing proceedings under the Prevention of Money Laundering Act, with investigations being conducted by the Enforcement Directorate (ED). Additionally, the Maharashtra Control of Organised Crime Act (MCOCA) has been invoked in this matter. According to the police, Chandrashekhar, Paulos, and other co-accused allegedly utilized a network of hawala channels and fake companies to conceal and launder the proceeds of their crimes. The court has yet to issue an order regarding the settlement application.