HomeLatest NewsFilmmaker Ram Gopal Varma Sentenced to Three Months Jail in Cheque Bounce...

Filmmaker Ram Gopal Varma Sentenced to Three Months Jail in Cheque Bounce Case

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Renowned filmmaker Ram Gopal Varma, known for movies like Satya and Rangeela, has been sentenced to three months in jail by the Andheri Magistrate Court in a cheque bounce case. The court, which has been hearing the case for seven years, delivered the verdict on Tuesday. Varma was absent during the court proceedings, prompting the issuance of a non-bailable warrant (NBW) for his arrest.

Case Details

The case dates back to 2018, when a cheque issued by Varma’s firm could not be encashed. This led to a complaint by Shree, a company represented by Maheshchandra Mishra. The cheque for ₹2.38 lakh was dishonoured, constituting an offence under Section 138 of the Negotiable Instruments Act, which penalizes cheque dishonour due to insufficient funds or exceeding arranged limits.

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Varma has also been ordered to pay ₹3.72 lakh in compensation to the complainant within three months. Failure to comply will result in an additional three months of simple imprisonment.

Filmmaker’s Statement

Responding to the verdict, Varma issued a statement clarifying his position:
“With regard to the news about me and the Andheri court, I want to clarify that it pertains to a 7-year-old case involving ₹2.38 lakh, relating to an ex-employee. It is not about settling the meagre amount but about refusing to be exploited by attempts to fabricate. That’s all I can say for now as the matter is in court.”

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Financial Troubles

Varma has faced financial difficulties in recent years, particularly during the Covid-19 pandemic, when he had to sell his office. In June 2022, he was granted bail after furnishing a personal bond and cash security of ₹5,000.

However, during sentencing, Magistrate YP Pujari clarified that Varma was not eligible for any set-off under Section 428 of the Code of Criminal Procedure, as he had not spent any time in custody during the trial.

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The Andheri Magistrate Court’s decision underscores the importance of adhering to financial obligations, even for high-profile individuals. Varma’s absence at the hearing and subsequent non-bailable warrant have further complicated his legal troubles.

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Hellobanker Team
Hellobanker Teamhttps://hellobanker.in
Hellobanker.in is India's leading banking and finance news portal. Our expert team covers banking policies, RBI updates, financial markets, and investment insights.

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