Supreme Court Gives Rajpal Yadav Final Two Weeks to Deposit ₹2 Crore
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The Supreme Court on Tuesday gave actor Rajpal Yadav two weeks to present a concrete repayment proposal and directed him to deposit ₹2 crore with its registry.
Court Grants Final Opportunity
A bench headed by Chief Justice Surya Kant, along with Justices Joymalya Bagchi and V Mohana, extended Yadav’s exemption from surrendering until October 5.
The court said it was granting him a final opportunity to comply with its directions and come forward with a concrete plan to clear the outstanding amount.
The actor’s senior counsel, P S Patwalia, sought two weeks to present the proposal and said Yadav would deposit ₹2 crore to demonstrate his bona fides.
Dispute Over ₹5 Crore Film Financing
The case relates to financial assistance of ₹5 crore allegedly provided to Yadav for a film in 2010.
The complainant claimed that Yadav issued seven cheques of ₹1.05 crore each in 2013 as part of a settlement, but the cheques were dishonoured.
According to the complainant, an agreement signed in 2012 required Yadav, his wife and their company to repay around ₹11 crore, including interest.
Delhi High Court Had Upheld Conviction
The Supreme Court's latest order comes after the Delhi High Court upheld Yadav's conviction in multiple cheque-bounce cases on July 10 and sentenced him to three months' imprisonment.
During Tuesday's hearing, the Supreme Court expressed dissatisfaction with Yadav's previous compliance with its orders.
The bench observed that his conduct did not inspire confidence but decided to grant him one final opportunity.
Yadav Says He Has Spent Four-and-a-Half Months in Jail
Patwalia told the court that Yadav had already spent four-and-a-half months in prison and that his friends from the entertainment industry had helped bail him out.
The actor must now deposit ₹2 crore with the Supreme Court registry and submit a concrete proposal for resolving the outstanding financial dispute within the two-week period.