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Supreme Court Gives Rajpal Yadav Conditional Relief in Cheque-Bounce Cases
Rajpal Yadav is an actor who has been involved in a long-running money dispute.
The dispute began when he received Rs 5 crore to help make a film.
He and others later agreed to repay about Rs 11 crore, including interest.
Cheques meant to help repay the money were dishonoured.
Yadav told the Supreme Court he had lost a lot of money over the years.
He paid Rs 1.15 crore in demand drafts and said a buyer would provide another Rs 85 lakh for his ancestral property.
The court gave him conditional relief but said it was not satisfied with his conduct.
Yadav also suggested he might make a film about what happened.
The Supreme Court gave actor Rajpal Yadav conditional, day-to-day relief in long-running cheque-bounce cases.
Yadav deposited demand drafts worth Rs 1.15 crore, as required by an earlier court order.
He told the court a prospective buyer of his ancestral property would deposit another Rs 85 lakh by Monday, October 12.
The court said it was not satisfied with Yadav’s conduct and was granting him time to provide equitable relief to the complainant.
The dispute stems from Rs 5 crore provided in 2010 to finance his film Ata Pata Laapata; settlement cheques were later dishonoured.
- Who
- Actor Rajpal Yadav and the complainant in the cheque-bounce dispute.
- What
- The Supreme Court granted Yadav conditional relief after he produced Rs 1.15 crore in demand drafts and proposed a further Rs 85 lakh payment.
- Where
- Supreme Court of India.
- When
- Wednesday, October 7; the prospective buyer was expected to deposit Rs 85 lakh by Monday, October 12.
- Why
- The dispute arose from a 2010 financial agreement to fund Yadav’s film Ata Pata Laapata and subsequent dishonoured repayment cheques.
Yadav’s explanation
Supreme Court’s position
Conduct and repayment
Yadav’s explanation
Yadav cited substantial financial losses and said he had found a prospective buyer for his ancestral property to help pay the dues.
Supreme Court’s position
The court said it was not satisfied with his conduct or impressed by his bona fides, and described the relief as breathing time.
Reason for temporary relief
Yadav’s explanation
Yadav presented demand drafts worth Rs 1.15 crore and said another Rs 85 lakh would be deposited by the prospective buyer.
Supreme Court’s position
The court said it was accommodating him to provide equitable relief to the complainant and made further relief conditional on the additional deposit.
Key facts
- Amount paid in demand drafts
- Rs 1.15 crore
- Further proposed payment
- Rs 85 lakh, to be deposited by a prospective buyer of Yadav’s ancestral property
- Original financial assistance
- Rs 5 crore, received in 2010 to finance Ata Pata Laapata
- Repayment agreement
- In 2012, Yadav, his wife and their company agreed to repay around Rs 11 crore, including interest
- Dishonoured cheques
- Seven cheques of Rs 1.05 crore each were reportedly tendered in 2013 and dishonoured
- Court's position
- The court said it was not satisfied with Yadav’s conduct and was granting conditional relief
- Film remark
- Yadav mentioned the title Solah Sawan Jhel Ke for a possible film about events from 2010 to 2026
Quotes
Rajpal Yadav
Bollywood actor who appeared before the Supreme Court in the cheque-bounce cases.
“Over the last 13 years, I have also incurred losses amounting to Rs 200-250 crore. I suffered a loss with Ata Pata Laapata (2012). Rs 17 crore went down the drain… Send me wherever and whenever you wish; I am ready… I could not earn a rupee.”
indianexpress.com
“Is there a new movie coming out? Make a good movie and entertain people again; that will help rebuild your image. We have some lawyers here who are also good actors — why not make a movie featuring them?”
indianexpress.com
Sources
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