Will Rajpal Yadav’s 9 crores be forgiven if he goes to jail? Know what the law says
Famous Hindi cinema actor and comedian Rajpal Yadav is in the news due to check bounce. Today i.e. on 12th February, Rajpal Yadav appeared in the court where he got a reprimand from the court. The court said that you were given several chances to repay the loan. But you did not return the money within the stipulated time limit, due to which the court had to take strict action and ordered surrender while keeping the sentence intact. After this people want to know that if Rajpal Yadav is jailed, will his loan be waived off? They will not have to pay. Let us know about it.
Also read: ‘Rajpal Yadav has property worth Rs 50 crore…’, KRK claims, raises big question about wife
What did Rajpal Yadav say in the court
It is noteworthy that Rajpal Yadav had taken a loan of Rs 5 crore to make a film. But an old video of his is going viral, in which Rajpal had clearly denied this. But he has confessed in the court that he had taken a loan of Rs 5 crore for the film, which has become Rs 9 crore after interest and penalty. Now people want to know that if the actor serves the jail sentence, will he not have to pay the money? If this question is also arising in your mind, then today we will tell you the answer.
Also read: When there was sadness and financial crisis in life, Rajpal Yadav became emotional after listening to the advice of Premanand Ji Maharaj.
Will money not have to be paid after serving the sentence in jail?
This question is also arising in your mind that if Rajpal Yadav goes to jail, will he not have to pay the money? In fact, in legal language, the liability of Rs 9 crore is not going to end even after serving the sentence. Even after serving his sentence, he will have to repay a loan of Rs 9 crore. Let us tell you that in check bounce case, there can be two types of punishment under Negotiable Instruments Act, Section 138. 1. In which jail sentence is given or penalty is imposed. 2. Along with the principal amount, interest and compensation have to be paid.
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