
The Central Bank of India has issued notices for the online auction of two properties linked to actor Rajpal Yadav in Shahjahanpur, Uttar Pradesh. The auction is scheduled for September 9. Bank…
The Central Bank of India has issued notices for the online auction of two properties linked to actor Rajpal Yadav in Shahjahanpur, Uttar Pradesh. The auction is scheduled for September 9. Bank records cited by The Times of India show outstanding dues of Rs 16.61 crore and Rs 64,000, while the two properties are valued at about Rs 3.19 crore.
The properties include farmland, a village house and a separate city property. The loan was reportedly taken to fund his film Aata Pata Lapata. The bank has taken possession after non-repayment. Rajpal Yadav’s wife and mother are named as guarantors. Reports also mention auctions of some Mumbai properties. Yadav has not issued an official statement.
The reported debt is substantially higher than the value cited for the two Shahjahanpur properties, so the auction alone may not represent the full financial dispute. However, the available account relies on bank notices and media reports. Claims about the loan, other properties and family guarantees should be read cautiously until official documents or a response from Rajpal Yadav provide more detail. Dramatic descriptions of a setback add little clarity.
Source: timesofindia.indiatimes.com
This story was synthesised by AI from the source linked above.