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Rajpal Yadav’s Shahjahanpur property faces auction over Rs 16.61 crore bank dues

Rajpal Yadav’s Shahjahanpur property faces auction over Rs 16.61 crore bank dues

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Rajpal Yadav’s Shahjahanpur property faces auction over Rs 16.61 crore bank dues

by Asia Today Team
August 7, 2026
in Entertainment
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Mumbai:

Bollywood actor Rajpal Yadav is dealing with contemporary monetary bother, with Central Financial institution of India transferring in direction of the public sale of a property in Shahjahanpur, Uttar Pradesh, over excellent dues of greater than Rs 16.61 crore. A discover has been pasted on the property, warning that it may very well be auctioned on-line on September 9, 2026, if the dues usually are not cleared throughout the stipulated interval.

The event comes amid Yadav’s persevering with authorized and monetary troubles linked to the movie ‘Ata Pata Laapata’. Not way back, the Delhi Excessive Court docket had additionally sentenced him in cheque bounce circumstances linked with the movie.

Rajpal Yadav’s ‘Yadav Bhavan’ faces public sale

As a part of the most recent motion, Shahjahanpur department supervisor Anuj Verma, appearing on directions from Central Financial institution of India’s Mumbai department, pasted an public sale discover at Yadav’s residence, ‘Yadav Bhavan’, situated in Banda in Powayan tehsil.

Based on the financial institution’s figures, Yadav, his spouse Radha Yadav and his mom Godavari Devi owe a complete of Rs 16,61,64,638.

The restoration proceedings have been initiated following an order of the Debt Restoration Tribunal in Mumbai. The land and home located on gata numbers 1410, 1411, 1412 and 1413 in Banda have been listed for public sale.

The property has an estimated worth of round Rs 3.19 crore. These interested by collaborating within the e-auction must deposit an earnest cash quantity of Rs 31 lakh by September 7, 2026. The web bidding is scheduled for September 9.

How ‘Ata Pata Laapata’ mortgage led to monetary bother

Yadav’s monetary troubles are linked to ‘Ata Pata Laapata’, his directorial debut. In 2005, he registered an organization known as ‘Navrang Godavari Leisure Restricted’ within the names of his dad and mom.

Underneath this banner, Yadav took a Rs 5 crore mortgage from Central Financial institution of India’s Bandra-Kurla Advanced department in Mumbai to finance the movie.

‘Ata Pata Laapata’ failed to realize industrial success on the field workplace, following which the mortgage instalments couldn’t be paid on time. Through the years, penalties, curiosity and different fees pushed the excellent quantity past Rs 16.61 crore.

On the time the mortgage was taken, properties in Shahjahanpur registered within the names of Yadav’s mom, Godavari Devi, and spouse, Radha Yadav, have been mortgaged as safety. The financial institution is now continuing with authorized motion towards these properties.

Household says talks with financial institution are underway

Amid the public sale proceedings, Yadav’s elder brother, Shripal Yadav, instructed the media that the matter was an previous one and discussions with the financial institution administration over compensation have been persevering with.

He expressed confidence that either side would attain an settlement earlier than the scheduled public sale date and that the property would in the end not need to be auctioned.

Cheque bounce circumstances and give up at Tihar Jail

Other than the property restoration proceedings, Yadav has additionally been combating a number of cheque bounce circumstances linked with the identical mortgage.

The Delhi Excessive Court docket sentenced him to a few months in jail in circumstances associated to the bounced cheques. Following delays in complying with courtroom situations and making instalment funds, Yadav needed to give up at Tihar Jail in February 2026.

He was subsequently granted interim bail after spending 12 days in jail.

On the appearing entrance, Yadav was just lately seen in ‘Welcome to the Jungle’. He’s additionally set to seem alongside Akshay Kumar and Saif Ali Khan within the upcoming movie ‘Haiwaan’.

ALSO CHECK OUT:

Rajpal Yadav clicked for first time after newest verdict in cheque bounce case | Pictures





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