5 hrs ago
Supreme Court Gives Rajpal Yadav Two-Week Deposit Chance
Rajpal Yadav borrowed Rs 5 crore to help make a film in 2010.
The company that provided the money says seven cheques used for repayment bounced.
It says the amount owed later grew to about Rs 11 crore with interest.
Courts convicted Yadav in seven cheque-bounce cases.
The Delhi High Court gave him a three-month prison sentence.
The Supreme Court has now given him two weeks to present a serious repayment plan.
He must deposit Rs 2 crore with the Supreme Court Registry.
He does not have to surrender until the next hearing on October 5, but he must submit his passport.
The Supreme Court gave Rajpal Yadav two weeks to propose repayment terms and deposit Rs 2 crore with its Registry.
Yadav’s exemption from surrendering was extended until October 5, and he was ordered to submit his passport.
The case involves seven dishonoured cheques linked to a Rs 5 crore film-financing arrangement from 2010.
The complainant alleges that Yadav, his wife and their company agreed to repay about Rs 11 crore, including interest.
The Delhi High Court upheld Yadav’s conviction and three-month sentence on July 10, citing repeated failures to honour payment undertakings.
- Who
- Actor Rajpal Yadav, his wife Radha Rajpal Yadav, the complainant M/s Murali Projects Pvt Ltd, and the Supreme Court of India.
- What
- The Supreme Court gave Yadav a final two-week opportunity to propose repayment terms and deposit Rs 2 crore in seven cheque-dishonour cases.
- Where
- The proceedings are before the Supreme Court of India and concern convictions arising from the Delhi High Court.
- When
- The order was issued on Tuesday; the next hearing is scheduled for October 5. The Delhi High Court upheld the conviction on July 10.
- Why
- The dispute concerns allegedly dishonoured cheques issued after a Rs 5 crore film-financing arrangement and alleged failures to comply with earlier repayment commitments.
Court and complainant
Yadav’s defence
Compliance with payment commitments
Court and complainant
The Supreme Court said earlier orders and undertakings had not been complied with, while the complainant said Yadav had not honoured his commitments and that it wanted the money.
Yadav’s defence
Yadav’s counsel requested two weeks to present a concrete repayment proposal and said the Rs 2 crore deposit would demonstrate his bona fides.
Need for additional time
Court and complainant
The court described the opportunity as final and continued protection from surrender only until October 5.
Yadav’s defence
Yadav’s counsel sought breathing time, saying he had spent four-and-a-half months in prison and needed to arrange funds.
Amount and repayment obligation
Court and complainant
The complainant alleged that Yadav, his wife and their company agreed to repay about Rs 11 crore after seven cheques of Rs 1.05 crore each were dishonoured.
Yadav’s defence
Yadav’s side is challenging the conviction and seeking time to negotiate payment; the High Court said around Rs 2 crore already paid would be adjusted.
Key facts
- Current deposit ordered
- Rs 2 crore with the Supreme Court Registry
- Time granted
- Two weeks to submit a concrete repayment proposal
- Protection from surrender
- Extended until October 5
- Passport direction
- Yadav was ordered to submit his passport
- Original film financing
- Rs 5 crore provided in 2010
- Alleged total repayment
- About Rs 11 crore including interest
- Cheque cases and sentence
- Seven cases; three months’ imprisonment upheld by the Delhi High Court
- Earlier Supreme Court condition
- A previous order linked exemption from surrender to a Rs 5 crore deposit
Quotes
Supreme Court bench
The Supreme Court bench hearing Rajpal Yadav’s plea
“Looking at his past conduct.. how can anybody trust him? He’s perfect in doing drama and acting in Bollywood; he’s doing same thing in Court also.”
wionews.com
“He is perfect at doing drama but this court. Earlier orders of the court have not been complied with,”
theprint.in
deccanchronicle.com
Sources
Cheque-bounce cases: SC gives Rajpal Yadav last chance of two weeks to deposit Rs 2 cr
‘Hope he is not acting here’: Supreme Court gives Rajpal Yadav ‘last opportunity’ to deposit Rs 5 crore
'Final chance': SC gives Rajpal Yadav 2 weeks to return Rs 2 cr
SC Gives Rajpal Yadav Two Weeks To Settle Dues
Supreme Court gives Rajpal Yadav final chance to deposit Rs 2 crore in a cheque-bounce case
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