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Rajpal Yadav’s Film Loan Dispute Reaches Supreme Court

Rajpal Yadav’s Film Loan Dispute Reaches Supreme Court
How A Rs 5 Crore Dispute Over Ata Pata Laapata Snowballed Into A Rs 22 Crore Burden For Rajpal Yadav · NDTV

Rajpal Yadav borrowed about Rs 5 crore to help make a film called Ata Pata Laapata.

The money was not repaid as planned, and the disagreement led to cheque-bounce cases in court.

Yadav says the dispute and the film’s troubled release caused much bigger financial and career losses.

The Delhi High Court upheld his convictions and gave him prison sentences in seven cases.

He has challenged that order in the Supreme Court.

At a recent hearing, he offered a Rs 2 crore payment: some in a demand draft and the rest from selling family property.

The Supreme Court accepted that payment offer.

It said it would consider his challenge after the payment issue is dealt with.

Key facts

Film
Ata Pata Laapata, a 2012 film directed by Rajpal Yadav.
Original loan
Approximately Rs 5 crore, borrowed from Murli Projects Pvt Ltd for film production, according to the report.
Yadav’s claimed losses
He said Rs 17 crore of his money was stuck and described the wider burden as reaching Rs 22 crore.
High Court outcome
Delhi High Court upheld convictions in seven cheque-bounce cases and imposed three months’ imprisonment in each.
Payment presented
Yadav brought a demand draft for Rs 1.15 crore and said the remaining Rs 85 lakh would come from an ancestral-property sale.
Supreme Court response
The court accepted the proposed Rs 2 crore payment and indicated it would later hear the challenge on its merits.

Quotes

Rajpal Yadav

Actor and director involved in the cheque-bounce case.

“Sir, pranam karta hoon. 200-250 filmein ki hain. Pichhle 13 saal mein 200-250 crore ka nuksaan bhi kar chuka hoon. Ata Pata Laapata mein mera Rs 17 crore dooba.”
NDTV

Justice Joymalya Bagchi

Supreme Court judge who sat on the bench hearing Yadav’s case.

“Make a nice movie and entertain the people”
NDTV

Sources

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