Rajpal Yadav Discusses Cheque Bounce Case and Financial Losses of ₹22 Crores
Rajpal Yadav says he lost Rs 22 cr in cheque bounce case, chose jail over paying Rs 5 cr: ‘I will never settle’
The Indian Express
Image: The Indian Express
Actor Rajpal Yadav revealed in a recent interview that he lost ₹22 crores due to a cheque bounce case stemming from a failed film project. He chose to serve time in jail rather than pay ₹5 crores, emphasizing his commitment to fighting the case and the support he received from the film industry.
- 01Rajpal Yadav incurred losses of ₹22 crores due to a cheque bounce case linked to his film Ataa Pataa Lapataa.
- 02He chose jail over paying ₹5 crores, insisting on fighting the case rather than settling.
- 03Yadav received significant support from the film industry during his legal troubles.
- 04The actor detailed the financial and emotional toll of the case, which has persisted since 2012.
- 05He plans to release clips from the film on social media instead of selling it.
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Rajpal Yadav, a prominent Indian actor, has opened up about his ongoing cheque bounce case from 2012, which has resulted in losses amounting to ₹22 crores. In a recent podcast, he explained that he chose to surrender to Tihar Jail rather than pay ₹5 crores owed to a financier, emphasizing his determination to fight the case rather than settle. Yadav expressed gratitude for the support he received from the film industry, noting that many colleagues stood by him during his legal challenges. He recounted how the case has affected his career, particularly the failure of his film Ataa Pataa Lapataa, which was expected to release on over 1,000 screens but was ultimately derailed by legal issues. Yadav plans to release clips from the film on social media, showcasing the investment made in the project, which he claims was substantial, involving ₹20-22 crores in production costs. He remains committed to clearing his name and addressing the intentions behind the financial dispute.
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This case highlights the financial risks involved in film production and the potential consequences for actors and producers in the industry.
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