Now Reading: Rajpal Yadav Property Faces Auction Over Rs 16.61 Crore Loan
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Rajpal Yadav Property Faces Auction Over Rs 16.61 Crore Loan
The Central Bank of India has begun recovery proceedings against actor Rajpal Yadav’s ancestral property in Shahjahanpur over alleged dues of Rs 16.61 crore. An attachment notice says the mortgaged properties could…
The Story in Brief
The Central Bank of India has begun recovery proceedings against actor Rajpal Yadav’s ancestral property in Shahjahanpur over alleged dues of Rs 16.61 crore. An attachment notice says the mortgaged properties could be auctioned online on September 9, 2026, if the amount is not cleared. Bidders must deposit Rs 31 lakh by September 7, according to NDTV.
The properties include Yadav’s ancestral home in Kundra village and another Shahjahanpur property, together estimated at Rs 3.19 crore. The loan was reportedly taken to finance his film Ata Pata Lapata. Yadav’s brother Shripal told Dainik Bhaskar that talks with the bank are continuing and denied that an auction was currently imminent. The action follows a Delhi High Court sentence of three months in cheque bounce cases linked to the same loan.
The Indian Opinion
The loudest version of this story may turn it into a celebrity downfall tale, while the family’s assurance may suggest that the bank’s action is routine. Neither view settles the matter. The documented facts are an attachment notice, a claimed liability of Rs 16.61 crore and ongoing repayment talks. The practical test is whether the dues are cleared or a formal settlement is reached before September 9, 2026.
Sources (2): ndtv.com, ndtv.com (2)
This story was synthesised by AI from the 2 sources linked above.
