Bollywood Actor Rajpal Yadav Faces Auction of Properties Due to Unpaid Loan
Summary
The Central Bank of India has issued auction notices for two Shahjahanpur properties owned by Bollywood actor Rajpal Yadav after a loan default linked to his film Ata Pata Laapata. His Mumbai property is also reportedly under recovery proceedings.
Key Points
- The Central Bank of India has moved to auction Rajpal Yadav’s properties to recover dues of about 160 million rupees.
- The auction notice was pasted on two properties in Shahjahanpur, including a house and a farm, with an estimated value of 31.9 million rupees.
- Rajpal Yadav had mortgaged properties belonging to his wife Radha Yadav and mother Godavari Yadav when taking the loan for the film Ata Pata Laapata.
- Recovery proceedings for his Mumbai property are also underway, and no official response has come from Rajpal Yadav.
