Actor Rajpal Yadav on Thursday surrendered before Tihar Jail authorities after the Delhi High Court refused to extend the deadline in connection to his conviction in cheque-bounce cases. The court finally rejected Rajpal Yadav’s final attempt to avoid imprisonment and directed that he must surrender to the jail authorities before any further hearing could be held. (PTI file photo) The counsel for Yadav, who was on February 2 directed to surrender by 4 pm on Wednesday, had told the court that the actor had arranged a sum of ₹50 lakh and sought one more week to make the payment, news agency PTI reported. Justice Swarana Kanta Sharma rejected Yadav’s application seeking extension of time to surrender, saying there was no ground to grant him the relief. What is cheque bounce? A cheque bounces when the required amount of money exceeds that in the bank account. According to ClearTax, a cheque bounce is an offence under Section 138 of the Negotiable Instruments Act, 1881 with the punishment being a fine up to twice the cheque amount, …