The Delhi High Court reportedly has sent Bollywood actor-comedian Rajpal Yadav to jail for three months as he failed to repay a loan of INR50 million taken by his company to produce a film.
On August 8, 2012, Yadav agreed to pay INR11,10, 60,350 including the principal amount and interest to the Delhi-based company Murli Projects as Yadav had borrowed the funds in 2010 to make his Hindi debut directional film Ata Pata Laapata. Meanwhile, a dispute arose between the two parties and the matter went to the high court where the Phir Hera Pheri actor gave an undertaking to repay INR7 crore.
“There are three things. Either somebody invested INR5 crore or somebody loaned this much money. The third thing is that Rajpal Yadav was involved in a fraud. Only one of these three things can be right. Please let me know which of these I am getting punished for,” Yadav stated.
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18 August, 2019