SC directs Rajpal Yadav to deposit ₹5 crore for exemption from surrender in cheque bounce case
The Supreme Court of India has ordered actor Rajpal Yadav to deposit ₹5 crore as a condition to avoid immediate imprisonment in a long-standing cheque-bounce case. The case stems from a 2010 loan for his directorial debut, which resulted in multiple legal challenges and a conviction upheld by the Delhi High Court.
Why it matters
This case highlights the strict enforcement of the Negotiable Instruments Act in India and the legal consequences for high-profile individuals involved in financial disputes.
The Supreme Court on Tuesday directed actor Rajpal Yadav to deposit ₹5 crore with its Registry by Wednesday as a condition for exempting him from surrendering to serve his sentence in a cheque-bounce case involving film producer-financier Murli Projects Pvt Ltd.Rajpal Yadav gets reliefThe Court issued a conditional notice on Rajpal Yadav’s plea challenging the Delhi High Court’s July 10 judgment upholding his conviction and three-month imprisonment in seven cases under Section 138 of the Negotiable Instruments Act. The matter will next be heard on September 15.A bench headed by the Chief Justice, Justice Joymalya Bagchi and Justice V. Mohana passed the order after his plea was orally mentioned.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in