Supreme Court Orders Rajpal Yadav to Deposit ₹5 Crore to Avoid Surrender
The Supreme Court directed actor Rajpal Yadav to pay ₹5 crore into its registry by Wednesday, allowing him to skip surrendering for a cheque-bounce conviction.
The Supreme Court instructed actor Rajpal Yadav to deposit ₹5 crore with its registry by Wednesday as a prerequisite for exemption from surrendering to serve his sentence in a cheque-bounce case. The order came from a panel headed by the Chief Justice, alongside Justices Joymalya Bagchi and V Mohana, after Yadav orally presented his challenge to the Delhi High Court’s July 10 decision that confirmed his three-month imprisonment across seven counts under Section 138 of the Negotiable Instruments Act.
The case stems from seven complaints filed by film producer-financier Murri Projects Pvt Ltd. over dishonoured cheques issued for financing the delayed film Ata Pata Lapata, originally a Rs 5 crore investment in 2010. Subsequent settlement agreements and post-dated cheques complicated the dispute, leading to the criminal convictions in 2018 and a reduced sentence in 2019. The Supreme Court will hear further arguments on September 15.
Why it matters
It shows how high-profile individuals can use large deposits to avoid jail in financial crime cases.
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