Rajpal Yadav’s properties to be auctioned on September 9 in over Rs 16 crores loan case: Report

Actor Rajpal Yadav has reportedly suffered another setback in his long-running financial troubles. According to a report by NDTV, two of the actor's properties in Shahjahanpur, Uttar Pradesh, are set to be auctioned by the Central Bank of India as part of efforts to recover outstanding loan dues of over Rs 16.61 crores.

The latest development comes as the actor's cheque-bounce case remains unresolved. Bank initiates auction process As per the report, the Central Bank of India, Mumbai, has issued official auction notices for two properties owned by Rajpal Yadav. One property is located in Shahjahanpur city, while the other is situated in a nearby village.

The auction is scheduled to take place online on September 9.

The report states that the actor owes the bank Rs 16.61 crores and Rs 64,000, while the combined value of the two properties is estimated to be around Rs 3.19 crores. Loan linked to Aata Pata Lapata According to the report, Rajpal Yadav had taken the loan to finance his 2012 film Aata Pata Lapata. Following an alleged failure to repay the loan, the bank took possession of the mortgaged properties and initiated recovery proceedings. Bank records reportedly show that the Shahjahanpur assets include agricultural land and a house in a village, along with another property in the city.

The report further claims that properties belonging to Rajpal Yadav's wife, Radha Yadav, and his mother, Godavari Yadav, were pledged as guarantor assets when the loan was taken. Based on this arrangement, the bank has reportedly proceeded with action against the mortgaged properties. Auction process reportedly extends beyond Uttar Pradesh Apart from the Shahjahanpur properties, the report also suggests that the process of auctioning some of Rajpal Yadav's properties in Mumbai is currently underway.

The actor has not yet publicly reacted to the latest reports regarding the proposed auction.

Also Read: Rajpal Yadav sentenced to three months in jail in cheque bounce case; Delhi HC cites repeated defaults 



from Latest Bollywood News | Hindi Movie News | Hindi Cinema News | Indian Movies | Films - Bollywood Hungama https://ift.tt/ZLu1PzB

Comments

Post a Comment

Popular posts from this blog

Korean-American singer Eric Nam set to make acting debut in psychological thriller Transplant

Image
Korean-American musician Eric Nam is all set to make his acting debut and star alongside The Queen's Gambit actor Bill Camp in psychological thriller film Transplant from Forest Whitaker and Nina Yang Bongiovi’s Significant Productions. According to The Hollywood Reporter, Nam, an Atlanta native, stars as Jonah Yoon, a top surgical resident at an elite hospital with a punishing drive to succeed under the training of Dr. Edward Harmon (played by Bill Camp), a renowned heart transplant surgeon obsessed with maintaining his reputation of perfection. The cast also includes Michelle Ok Kyung Lee, April Grace, and Adam Arkin. In 2016, Nam revealed on a variety show that he had been cast in a Hollywood film but chose to focus on his promotions in Korea. Transplant will be directed by Jason Park, who also co-wrote the film with David J. Lee, and produced by Significant Productions alongside Jason Park. Eric Nam, who is currently on his “There and Back Again” world tour which is set ...
Read more

Shriya Pilgaonkar joins Akshay Kumar and Saif Ali Khan in Priyadarshan’s thriller Haiwaan

After a 18-year gap, Bollywood superstars Akshay Kumar and Saif Ali Khan are set to share screen space once again in Priyadarshan’s upcoming thriller, Haiwaan. The project has already generated massive buzz ever since its announcement, with fans eagerly anticipating the reunion of the blockbuster pair, last seen together in Yash Raj Films’ Tashan. The film’s first day of shoot has sent the internet into a frenzy, with visuals of Akshay and Saif going viral and fuelling excitement for what promises to be a high-octane thriller. Adding to the anticipation, a source close to the project confirmed that Shriya Pilgaonkar will join the cast alongside Akshay Kumar and Saif Ali Khan. Shriya, who recently garnered acclaim for her performance in Mandala Murders, is expected to bring a fresh and compelling dimension to the story. Written by Rohan Shankar, who also penned the 2025 musical drama Saiyaara, Haiwaan is widely reported to be the Hindi remake of the Malayalam blockbuster Oppam. The or...
Read more

Kartik Aaryan takes the Metro to beat the Mumbai traffic, clicks pictures with fans

In a delightful turn of events, Bollywood heartthrob Kartik Aaryan recently made headlines for his unconventional mode of transportation in Mumbai: the Metro. Eschewing the hassle of Mumbai's notorious traffic, Kartik opted for the metro, much to the surprise and delight of his fans. Dressed casually yet stylishly, the actor's down-to-earth demeanour instantly endeared him to fellow passengers, who couldn't resist capturing moments with their favourite star. This humble gesture from Kartik is a testament to his grounded nature despite his skyrocketing fame in the film industry. From his early days of auditioning on local trains to becoming a sought-after name in Bollywood, Kartik's journey is nothing short of inspiring. By choosing to travel on the metro, he not only showcased his practicality but also stayed connected with the everyday experiences of common people, earning him admiration and respect from fans and onlookers alike.   View this post on Instagram   A p...
Read more