Rajpal Yadav is among the popular actors and comedians featured in Bollywood films and departments with successfully timed funny performances. However, once again he is into legal issues, Central Bank of India has sealed his property at Seth Enclave Colony near Kachhari of Shahjahanpur in Uttar Pradesh for non-payment of loans.
In a Free Press Journal report, the actor is said to have taken a Rs 3 crore loan to produce the film by putting his property as collateral. The 53-year-old actor had allegedly started his production house Shri Naurang Godavari Entertainment Limited in the name of his parents by using the property which was pledged to the bank. The production house owned by his wife Radha Yadav made a film which starred Rajpal alongside late veteran actor Om Puri in the lead roles. As stated earlier, the film was allegedly also shot with local talents from the town of Shahjahanpur.
The media publication in their report revealed that the Chandu Champion actor had borrowing from the Mumbai branch at Bandra Kurla Complex. He was unable to return the amount of Rs 11 crore which had become due on a loan. On Tuesday, the bank’s team walled the property with the added tact that they did not require the services of local police or officials.
