Ram Gopal Varma Cheque Bounce Case : Renowned director and film producer Ram Gopal Varma has been sentenced to three months in jail following a ruling by the Andheri Magistrate Court in a cheque bounce case that dates back seven years. The case, which has been pending for years, resulted in a non-bailable warrant being issued against Varma after he failed to attend the court hearing. This significant court decision comes just before the official announcement of his new film “Syndicate.”
Follow the Pune Updates channel on WhatsApp:
https://whatsapp.com/channel/0029Vb2Z6498F2pHMwM9YA1S
The incident goes back to 2018, when Ram Gopal Varma’s company was sued in a cheque bounce case. Varma was found guilty under Section 138 of the Negotiable Instruments Act, which pertains to dishonored cheques. The complainant had filed the case after Varma’s cheque bounced. The court ordered Varma to pay the compensation to the complainant and also imposed a jail sentence of three months for his failure to comply with the legal process.
On Tuesday, during the hearing, Varma was absent, which led to the Andheri Magistrate Court passing the judgment against him. The court directed that Ram Gopal Varma should compensate the complainant for the ₹3.72 lakh loss caused by the bounced cheque.
Ram Gopal Varma’s Financial Crisis and Struggles
The incident highlights the financial difficulties faced by Ram Gopal Varma in recent years. Known for his blockbuster films like Satya, Rangeela, Sarkar, and Company, Varma’s films have not performed well at the box office in recent years. This financial strain led him to face several legal and economic troubles. Notably, during the COVID-19 pandemic, Varma was forced to sell his office due to mounting financial pressures.
In June 2022, Varma was granted bail after submitting a personal recognition bond and paying a ₹5,000 cash bail. Despite the financial hurdles, Varma continues to work in the film industry and is gearing up for the release of his new film “Syndicate.”
During the sentencing, Magistrate Y. P. Pujari noted that according to the Code of Criminal Procedure, 1973 under Section 428, there was no consideration for a set-off. This was because the accused, Ram Gopal Varma, had not spent any time in custody during the trial. (Ram Gopal Varma Cheque Bounce Case)
