Producer: Eagle Films 
Director: Rajiv Mehra 
Cast: Shah Rukh Khan, Urmila Matondkar, Shammi Kapoor, Naseeruddin Shah, Tinu Anand, Deven Verma
Music: Anu Malik

Sunder Srivastava (Shah Rukh Khan) is a young graduate whose main ambition in life is to fulfill his father's dream of starting a school on his half-acre property in his village though he has no funds to execute his plans. Sunder's childhood friend Prem, a seasoned conman who operates in Bombay, convinces the gullible Sunder to mortgage his land to the village zamindar and fly to Dubai. Prem promises Sunder a handsomely paying teacher's job in Dubai that would give Sunder enough money to start his school within two years.

Sunder does as told and arrives in Bombay to meet Prem, but not only is there no sign of his friend at the station, but Sunder also gets unwittingly involved with a petty thief who robs him of all his luggage and money. To make matters worse, when Sunder reaches Prem's pokey lodge, he finds an apologetic letter from Prem informing him that he has used his Rs.10,000 to get himself to Dubai instead and will one day repay him.

Now at the end of his tether, Sunder wanders into an old Christian cemetery. Sitting on an old grave Sunder gives vent to his frustrations and strikes the tombstone in helplessness but immediately apologises to the deceased. This amuses the ghost of Amar Kumar alias Marco, who was killed and thrown into the grave 20 years before. Marco explains to a frightened Sunder that he was a notorious Don who on the behest of his true love Savitri, had resolved to give up crime but was shot by his protégé Kunta the day after the wedding. Marco seeks Sunder's help in getting even with his killers and promises Sunder a job and a place to stay in return.

Marco manages to get Sunder a post in a school run by his father-in-law (Shammi Kapoor). Everyone grows fond of the new games teacher including Shammi Kapoor's daughter (Urmila Matondkar). The villain (Tinnu Anand) makes an attempt to capture the playing ground on the college campus. The college is starved of funds and proposes a cricket match to collect funds. Sunder and his team are helped by the invisible Marco, who cheats on their behalf and ensures victory. When Sunder tries to tell the others that he can see and talk to Marco nobody believes him. In a final bid, Tinnu capture Sunder, his girlfriend and Marco's father-in-law but they are saved by Marco, the friendly ghost. By saving them Marco also lifts the 26-year-old curse on him, that he will remain in the ghostly realm until he does a good deed. Mission accomplished, Marco bids everyone farewell.