A young boy named Ajay(Shah Rukh Khan) asks a doctor to come to see Ajays mother Shobha(Rakhee), who is unconscious due to a particular incident. Ajay promises Shobha that he will get revenge on the people, who are responsible for making Ajay & Shobha cry. The deaths of Ajays father(Anant Mahadevan) & baby sister made Shobha fall unconscious.Years later, a young Ajay meets Madan Chopras(Dalip Tahil) daughter Seema(Shilpa Shetty). Ajay manages to cozy up to Seema, and she falls in love with him.
Meanwhile, Ajay pretends to be Vicky Malhotra to create a good impression in the minds of both Chopra and his younger daughter Priya(Kajol). Ajay manages to keep his affair with Seema a secret, under the impression that Seema too doesnt let anybody know she is in love. When Chopra decides to get Seema married, she decides to elope with Ajay. Ajay takes advantage of the opportunity and tricks her into writing a suicide letter. Later, on premise of getting married secretly, Ajay calls Seema to the office for marriages in Bombay.
He takes her to the terrace and suddenly pushes her down, using her suicide note to close the case as suicide. Chopra too hastily has the case closed to prevent any further embarrassment. Ajay uses Seemas death to gets close to Priya and Chopra. Priya, however, is suspicious that her sister didnt commit suicide. With help of her college friend and Police Inspector Karan Saxena, she decides to investigate the matter secretly.
Ravi, another friend of Seema, who had a crush on her, tells Priya about Seemas secret lover. Ravi finds a photo where Seema and Ajay are together at a birthday party, but is killed by Ajay. Ajay forces Ravi to sign a suicide note, making Priya and Karan believe that Ravi must have been Seemas lover and murderer. Ajay began a double game whilst keeping both the parties in dark. When Ajay puts eye contact lenses on his eyes to use his fake ID Vicky again, its revealed that Madan is the person responsible for making Ajay & Shobha cry.
The next day when Ajay sees Madans chair at Madans company, a flashback is shown.Flashback: When Ajays father a reputed businessman Vishwanath Sharma discovers that his manager Madan is embezzling money right under his nose, Sharma has Madan thrown in jail. After Madan completes his jail term, he re-approaches Sharma and asks for forgiveness. Vishwanath rebukes him, but his wife Shobha takes pity on Chopras daughters and pleads to her husband. Chopra is reappointed in the company.
However, Chopra has come back to exact revenge on his former boss. Slowly, but surely, Chopra regains the confidence of Sharma. One day, when Sharma has to go for a business tour, he hands over the power of attorney to Chopra. Chopra, who has been waiting for such chance, usurps Sharmas company and becomes its de facto owner. Sharma learns of this treachery, by which time his family is ejected out of their home.
Either [Chopra forged Sharmas signature onto Bank Loan Documents] or [Chopra tricked Sharma into signing Bank Loan Documents under the Pretense that they were Business Documents]. More tragedy strikes the Sharma household when his newborn daughter dies of fever and Sharma himself dies of a heart attack while trying to buy medicines for her. Devastated by the turn of events, Shobha goes insane, while Ajay decided to avenge the wrongdoings by making Chopra pay in the same coin. Although Madan is responsible for 2 of Ajays family members to die, Ajay is little stupid for killing Seema who had no idea about Madans crimes. Ajay had no choice to kill Seema to make Madan feel pain.
Flashbacks over. Later, Priya and Vicky coincidentally meet Seemas college friend, Anjali at a jewelry store. Anjali thinks that she recognizes Vicky. When she finds out the photo as well, she calls the Sharma household during Vickys and Priyas engagement party. Vicky intercepts the phone, impersonates Chopra, and arrives at her place.
He strangles her, stuffs her body in a suitcase, and throws it in the river. A man and his dog find the body soon after. Priya and Karan realize that the murderer is still alive. Meanwhile, history repeats itself, with Chopra handing over the power of attorney to Vicky. Ajay decides to hasten up his plans on learning that Priya and Karan are still bent on finding the killer.
Ajays plan hits a glitch when he and Priya run into the real Vicky Malhotra, Ajays friend whose identity he had taken. Priya becomes suspicious and decides to contact this Vicky. After returning from his business trip, Chopra is shocked to find that the company is run by a Sharma group. Now, Ajay reveals the truth to Chopra and kicks him out of the company after humiliating him.Meanwhile, Priya too learns of Ajays true identity from Vicky, and rushes to Ajays home in Panvel.
She is shocked to see a poster of Ajay and finds a marriage locket with the photos of him with her sister. Ajay comes home, where she confronts him with his misdeeds. He tells her the whole story, and she is shocked at the revelation of what her father did to Ajays family. Although Ajay killed innocent Seema, Priya has sympathy for Ajay. Chopra arrives at Vickys house, with his henchmen to kill Ajay and exact revenge.
Ajay goes outside the house to see some cars coming into his house and is shot by Chopra. After seeing Ajay being beaten by Chopra and hearing Chopras name being repeated, Shobha regains her sanity and runs to her sons defense. Ajay starts bashing Chopras goons and overpowers Chopra. Despite the circumstances, Karan and Priya sympathize with Ajay. In a standoff with Chopra, Ajay decides to spare Chopras life, but then Chopra impales Ajay with a long iron bar, and laughs about his victory.
Ajay begins to laugh maniacally as well and rams the bar into Chopras stomach, with both plummeting down from a high wall, killing Chopra, mortally wounding Ajay as well.Ajay makes it back to his mother who finally recognizes her son. Ajay promises her that hes gotten revenge for their family misfortunes and reacquired everything that was meant to be theirs; now wanting only to rest peacefully in her embrace. Priya and Karan watch despondently as Ajay dies in his mothers arms, finally at peace, with Chopra dying a few metres away. Since Ajay killed innocent Seema, it is half-great that Ajay is dead.
Shah Rukh Khan, Kajol, Shilpa Shetty
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