A teenage boy becomes smitten with his new drama teacher and pursues her, despite the perilous risks of being found out.

Ajay Mehra (from previous Ghayal-1990), after finishing off his life sentence, starts a newspaper called Satyakam. Still dealing with the haunting trauma of losing his loved ones, Ajay manages to make a credible name for himself in investigative journalism. Working with a strange team of RTI activists, ex-criminals and ilk; and even stranger ways of unearthing and presenting truth, Ajay Mehra has earned quite a fan following among the youths, who finds his fearless and unforgiving approach in dealing with all kinds of sociopaths very inspiring.

Unfolding through a course of a night in Mumbai, Kaalakaandi showcases three parallel tracks — a man who discovers he has terminal illness decides to let go of his principles and live a little; a woman involved in a hit-and-run seeks redemption and two goons must decide if they can trust each other.

When Shivaji and his family and the entire community of his village are one day forced to leave Pakistan, he is separated from his beloved mother, who once adopted him, while fleeing to India. Having grown into a respectable and feared man a few years later, Shivaji now sets out in search of his next of kin. But he also stands up for the rights of his people who are forced into forced labor by an exploiter and devotes his whole life to this task, which is why he is henceforth referred to as 'Chatrapathi'.