The Supreme Court on Wednesday accepted actor Rajpal Yadav’s proposal to sell his ancestral property to raise funds towards the dues arising from a cheque bounce case connected with a loan taken for his 2012 film Ata Pata Laapata.
A Bench comprising Chief Justice of India Surya Kant, Justice Joymalya Bagchi and Justice V Mohana noted that Yadav had arranged Rs 1.15 crore through demand drafts, while a prospective buyer of his property had agreed to pay another Rs 85 lakh by Monday, taking the immediate payment to Rs 2 crore.
The Court noted that the petitioner had produced demand drafts worth Rs 1.15 crore for deposit with the Registry that day, while prospective buyer Anant Prakash Yadav agreed to deposit the remaining Rs 85 lakh by Monday.
Yadav’s counsel told the Court that the ancestral property was valued at over Rs 30 crore, although its registration could not immediately be completed due to the ongoing Pitru Paksha period. The prospective buyer, who was present in court, was willing to pay Rs 85 lakh as an advance.
The complainant’s counsel agreed to the proposal and offered Yadav three months to pay the balance amount if Rs 2 crore was paid immediately.
The case arises from Rs 5 crore received by Yadav and his wife from Murli Projects in connection with the production of Ata Pata Laapata. Following a series of agreements, Yadav issued security cheques which were subsequently dishonoured, leading to complaints under Section 138 of the Negotiable Instruments Act.
Yadav contends that a subsequent consent agreement rendered the earlier security cheques invalid and, consequently, the complaints based on them were not maintainable.
A sessions court convicted Yadav in May 2024 and sentenced him to six months’ imprisonment. The Delhi High Court subsequently suspended his sentence after assurances that the dispute would be settled. However, after repeated defaults in promised payments, the High Court directed him to surrender in February 2026.
Yadav ultimately surrendered on February 5 and remained in custody until the High Court granted interim relief after he deposited Rs 1.5 crore. Following his failure to deposit the remaining amount despite further undertakings, the High Court sentenced him to three months’ imprisonment.
During Wednesday’s hearing, Justice Joymalya Bagchi expressed strong reservations over Yadav’s conduct and warned that the Court was inclined to enhance his sentence from three months to two years.
Expressing dissatisfaction with Yadav’s conduct, Justice Bagchi clarified that the Court was granting him an accommodation solely to help the complainant recover the owed funds. The Court adjourned the matter for two days.
The post Rajpal Yadav offers ancestral property for sale to pay dues in cheque bounce case; Supreme Court grants conditional relief appeared first on India Legal.