SC gives last chance to Rajpal Yadav, order to submit 2 cr demand draft
The Supreme Court has provided actor Rajpal Yadav a two-week window to pay back Rs 2 crore. This development follows the Delhi High Court's finding of his guilt in seven cheque bounce cases. Yadav had initially borrowed around Rs 5 crore in 2010 to finance a film, which unfortunately did not succeed, resulting in increasing financial troubles and current legal issues. The court also instructed…
The Supreme Court has granted Bollywood actor Rajpal Yadav a final two-week window to deposit a minimum of Rs2 crore with the Supreme Court Registry in a financial dispute. The bench, led by Chief Justice of India Surya Kant, expressed little confidence in Yadav's past actions in the matter. However, Yadav's legal representative assured the court that he would deposit the required sum within the given timeframe and provide collateral for the remaining balance.
During the hearing, the Chief Justice questioned Yadav's trustworthiness, citing his reputation in Bollywood. The court also extended arrest protection until the next hearing on October 5, while ordering Yadav to surrender his passport. The dispute traces back to 2010, when Yadav borrowed Rs5 crore to finance his directorial debut, Ata Pata Laapata, which underperformed at the box office.
The outstanding amount has since grown to nearly Rs 9 crore due to interest and charges, leading to a cheque-bounce case.
Written by urgent.news from Gulf News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
Also reported by 2 other outlets
- ‘Perfect in doing drama’: SC gives Rajpal Yadav final chance to deposit Rs2 crore gulfnews.com
- 'Perfect in doing drama': SC gives Rajpal Yadav final chance to deposit Rs 2 crore timesofindia.indiatimes.com
