(MENAFN- NewsBytes)
Rajpal Yadav sentenced to six months in prison; granted bail
23 Apr 2018
Delhi's Karkardooma court today sentenced Bollywood actor Rajpal Yadav to six months in jail in connection with a loan case which dates back to 2010. However, he was later granted bail.
Rajpal and his wife Radha were held guilty for failing to repay a loan amount of Rs. 5 crore.
Here's all about the case.
He took a loan for his directorial debut
Details
Rajpal and his wife, in 2010, had taken a loan from a Delhi-based businessman named MG Agarwal.
They needed the funds for Rajpal's maiden directorial venture called 'Ata Pata Laapata'.
However, when the couple failed to repay a loan amount of Rs. 5 crore, Agarwal filed a complaint against them.
Rajpal was remanded to judicial custody in 2013
Background
Rajpal was remanded to 10 days judicial custody in 2013 for concealing facts about the case.
The court had also ordered attachments of his assets, his bank account and a company he owned.
However, the actor in 2015 claimed that he had repaid Rs. 1.58 crore and the remaining Rs. 3.42 crore would be paid back in the next 30 days.
MENAFN2304201801650000ID1096758131
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.