Director:Ram Gopal Varma
Writer: P. Jaya Kumar
Cast: Amitabh Bachchan as Subhash Nagre (Sarkar)
Jackie Shroff as Michael Vallya (Sir)
Manoj Bajpayee as Govind Deshpande
Amit Sadh as Shivaji Nagre (Cheeku)
Yami Gautam as Annu Karkare
Fiza as Vallya’s Girlfriend Theba
Ronit Roy as Gokul Satam
Parag Tyagi as Raman Guru
Bharat Dabholkar as Gorakh Rampur
Rohini Hattangadi as Rukku Bai Devi
Shiv Sharma as Mukul Shumpre
Bajrangbali Singh as Deven Gandhi
Amal Sehrawat as Bhosle
A businessman named Deven Gandhi (Bajrangbali Singh) approaches Subhash Nagre “Sarkar” (Amitabh Bachchan) for a real estate project over a large slum in Dharavi Mumbai. Sarkar suggests that Gandhi should offer appropriate compensation and relocate the slum dwellers. Gandhi deems that too expensive and would rather offer a smaller commission to Sarkar to force the relocation. Sarkar refuses and, when Gandhi insists that he will go to another power bastion, Sarkar asserts that he will not let Gandhi go ahead. Gandhi reports back to his Dubai-based boss Vallya (Jackie Shroff). They join hands with a rival opposition leader named Govind Deshpande (Manoj Bajpai) and plot to oust Sarkar.
Sarkar’s wife (Supriya Pathak) pleads with him to permit their grandson Shivaji “Chiku” (Amit Sadh) to join him. Sarkar hesitates: the boy is hot-headed and volatile like his father Vishnu, but ultimately lets him come. Chiku immediately clashes with Gokul (Sarkar’s longtime loyal right-hand man) (Ronit Roy) over various matters including whether or not to eliminate Deshpande. It is implied that Chiku’s girlfriend Annu (Yami Gautam) is using him to get to Sarkar because Sarkar had ordered the elimination of her father. Meanwhile, Gandhi approaches Gokul with the proposition to help him or Chiku would become the next Sarkar and Gokul will remain a servant.
Deshpande plots with Gandhi and Vallya to instigate mill workers against Sarkar. Chiku is on the warpath to attack Deshpande. Sarkar tries to calculate who is behind everything. One day, Deshpande is hotly pursued and killed and Sarkar, who has long held a reputation for bumping off opposition, is blamed. Sarkar notes that whoever did this is determined and cunning and will stop at nothing. When assassins open fire on Sarkar at the Ganpati Visarjan festival, it becomes clear that Sarkar’s inner circle has been breached. Chiku shows Sarkar the video of Gandhi meeting Gokul and, separately, Gokul remonstrates and says that Chiku, used by the wily Annu and his own vengeance for his father, is behind everything. Sarkar expels Chiku whereupon Chiku joins Gandhi.
Vallya orders a bomb blast at the mill. Gokul reports that it was executed by Chiku, (who is now out to destroy Sarkar, and Gandhi. Around this time Sarkar’s wife passes away, so Gokul beseeches Sarkar to give the order to kill Chiku. Chiku is shot at but he escapes. Gokul begins hunting him down.
Gokul is, presumably, shot dead by Chiku, and Sarkar swears vengeance. Vallya arrives in India to meet Sarkar. He points out that Chiku is too inexperienced to become Sarkar and is therefore useless, and offers to help Sarkar eliminate Chiku. Sarkar discloses that Chiku was dispatched to infiltrate Gandhi by none other than Sarkar himself. He, also, reveals that it was he who ordered Gokul’s killing. Annu discovers that it was Gandhi who killed her father, not Sarkar, and she shoots Gandhi, killing him.
Hindsight reveals that; differences with Annu had been cleared and she was taken into confidence, and Gokul had turned to Gandhi and played a part in the mill agitation and the slum development in order to sideline Chiku, eventually hoping to become Sarkar. The objective of this hidden plan was to draw out Vallya. Chiku walks in, there is a gunshot, and Vallya is killed. With their adversaries now dead, Sarkar and Chiku sip tea while Sarkar educates the inexperienced Chiku on palace politics.