Rajpal Yadav's Counsel Calls Supreme Court Hearing a "Huge Relief"
Rajpal Yadav's counsel calls the Supreme Court hearing a huge relief as the court agrees to hear the cheque-bounce case on merits.
In a significant development regarding the legal battle involving popular actor Rajpal Yadav, his legal counsel has described the recent Supreme Court proceedings as a "huge relief." The relief comes after the apex court agreed to hear the actor's cheque-bounce case on its merits, providing a potential turning point in a long-standing legal dispute.
A Major Step Forward for the Actor
Speaking to the media following the hearing on Wednesday, Advocate Bhaskar Upadhyay expressed optimism regarding the court's decision. He noted that the legal team has already complied with a substantial portion of the court's requirements. While some payments remain pending, the counsel confirmed that these will be settled, allowing the case to proceed based on the actual merits of the matter.
The actor's legal team highlighted the financial complexities involved in the case. According to his counsel, Rajpal Yadav explained to the court how a sum of Rs 5 crore had effectively consumed Rs 17 crore of his own funds, significantly impacting his finances.
Court Directions and Financial Commitments
The Supreme Court, led by a bench comprising Chief Justice of India (CJI) Surya Kant, Justice Joymalya Bagchi, and Justice V. Mohana, had previously issued a stern warning to Yadav regarding his failure to deposit the required amount. During the proceedings, Yadav appeared in person and made several financial commitments to resolve the dispute:
- Immediate Payment: Yadav showed a demand draft of Rs 1.15 crore.
- Upcoming Deposit: The court has directed Yadav to deposit an additional Rs 2 crore towards the amount due to the complainant by October 13.
- Remaining Balance: Regarding the remaining Rs 85 lakh, the counsel noted that the buyer of Yadav’s property was present in court and would facilitate the payment.
The court clarified that extensions were being granted specifically to ensure the complainant receives the payment and issued a warning regarding Yadav's conduct during the proceedings.
Background of the Legal Dispute
The case stems from a loan of approximately Rs 5 crore allegedly taken by Yadav from M/s Murli Projects Pvt Ltd in 2010 for the film Ata Pata Laapata. The legal trouble escalated when seven repayment cheques, each valued at Rs 1.05 crore, were dishonoured, leading to cheque-bounce proceedings. Over the years, the unpaid amount has grown significantly due to accumulated interest and other charges.
Previously, the Delhi High Court had convicted Yadav and imposed a three-month sentence for failing to make payments against a loan from a private party. The Supreme Court will now consider his plea against that order once the mandated payments are made.
Rajpal Yadav Breaks His Silence
Addressing the media, Rajpal Yadav defended his financial decisions, emphasizing that loans are taken for investments rather than film production. "Loans aren't taken out for films. You take a loan to build a house or buy land, not to make movies," Yadav stated. He added that as an actor working on numerous projects, he would not need a loan for a single film production.
Expressing his respect for the judicial process, the actor concluded, "I have the utmost respect for my country, the Supreme Court, and the judiciary. Whatever decision is reached, wherever it comes from, it will be accepted by all."