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Mumbai Court Convicts ‘London Dreams’ Producers in Vipul Shah’s 16-Year Cheque Bounce Case

The verdict sets a firm deadline for repayment under India’s cheque-bounce law.

Overview

  • The Metropolitan Magistrate Court in Andheri issued its April 15 judgment ordering repayment within 90 days or nine months in jail.
  • The court convicted producers P.J. Singh and Gita Bhalla Singh under the Negotiable Instruments Act, which makes cheque dishonour a criminal offense.
  • Enforcement now depends on payment arriving by the deadline, with possible imprisonment if the dues are not cleared.
  • The case traces to 2009 when Shah’s firm lent money to complete London Dreams and the producers’ repayment cheque bounced.
  • The film faced funding strain during production, including a collapsed Studio 18 deal and pay cuts by top talent, which led to outside borrowing.