Katha (English: Story) (Hindi: कथा ) is a modern retelling of the classic folktale about the hare and the tortoise. Rajaram P. Joshi (Naseeruddin Shah) is a middle-class Clerk living in a chawl in Bombay. He is secretly in love with his neighbor, Sandhya Karnik (Deepti Naval) but is unable to disclose his love for her. Rajaram's fast-tallking friend, Bashudev (Farooq Shaikh) comes for a visit and makes himself at home. Bashudev starts wooing Sandhya and soon her parents decide to marry Sandhya and Bashudev, much to misery of Rajaram. But on the day of the engagement, Bashudev disappears, leaving behind a devastated, and pregnant Sandhya. Will Rajaram will accept Sandhya?