Actor Rajpal Yadav gets 6-month jail in loan recovery case

 NEW DELHI: Bollywood actor Rajpal Yadav was today awarded six-month imprisonment by a Delhi court in seven cheque bounce cases for not repaying loan worth over Rs eight crore to a businessman.

            The court, however, did not award imprisonment to his wife, who was also held guilty along with Rajpal for the offence under section 138 (cheque bounce) of the Negotiable Instruments Act (NI Act), considering that she had signed those cheques on being asked by her actor husband.

            However, Additional Chief Metropolitan Magistrate (ACMM) Amit Arora granted Rajpal bail on a personal bond of Rs 50,000 and one surety of like amount.

            The court also imposed separate fines on the convicted couple, asking Rajpal to pay Rs 11.2 crore and his wife Radha to pay Rs 70 lakh collectively in all the seven cases in which they have been held guilty.

            “There are seven separate complaint cases filed by the complainant where in the convicts have been held guilty under section 138 of NI Act. Cheque in question in each case is of Rs 1.5 crore,” the court noted.

            The court said the convicted couple had originally availed a loan of Rs five crore from the complainant – Murli Projects – in the year 2010 and agreed to repay a sum of Rs eight crore, including the principle and the interest by June 30, 2011. (AGENCIES)

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