MUMBAI : Bollywood actor Rajpal Yadav is facing financial difficulties since the Central Bank of India has sealed his Shahjahanpur property. The actor had mortgaged the property to secure a loan to obtain funding for his production company Shri Naurang Godavari Entertainment Limited.
Also read: Must read! Rajpal Yadav talks about scenes which make him uncomfortable while acting
The goal of Yadav's production company was to make a movie with the late star Om Puri and himself in it which was formerly owned by his wife Radha Yadav. Additionally, Shahjahanpur's local talent was featured in the film. However, the project seems to have encountered a difficulty.
The loan was originally taken from the Mumbai branch of the Central Bank of India, reportedly became to an astounding Rs 11 crore due to unpaid installments. The bank decided to seal the property on August 8 as a result of this increasing debt. It's interesting that no local officials were involved in the procedure, which was done discreetly.
Having said that, it is important to note that neither the actor nor the bank have released an official statement regarding the matter.
The actor has already dealt with legal troubles related to this loan. Rajpal Yadav was sentenced to three months in prison in 2018 for failing to repay the loan. Despite this disappointment, the performer showed incredible courage. Yadav talked candidly about his time in jail during an interview with well-known YouTuber Siddharth Kannan last year.
He disclosed that he conducted workshops for other prisoners, encouraging them to discover purpose and hope. The actor deserves a lot of praise for his ability to use difficulty as a chance to inspire others. Regarding his career, Rajpal is presently anticipating the premieres of two of his next flicks, Welcome To The Jungle and Bhool Bhulaiyaa 3.
Also read: Must read! Rajpal Yadav talks about scenes which make him uncomfortable while acting
For more news and updates from the world of television, OTT and movies, stay tuned to TellyChakkar.
Credits – Bollywood Hungama
Add new comment