Two bachelors, Ganpatrao Turay-Patil and Ganpatrao Moray-Patil, temperamentally and physically opposites, but inseparable friends from childhood live as neighbors in their ancestral homes in the small town of Akkadgaon, once a princely state with nothing left to boast of after independence.

The best of friends' fallout over a beautiful old sword that Moray possesses and Turay covets. A small tiff snowballs into a major fight and all attempts by well-wishers to bring the pair together again fail. The machinations of Moray's ferocious aunt and the good-for-nothing goons of the town who exploit the situation only adds fuel to the flames. The dispute is taken to the courts. In the end the two friends are ruined while the goons run a thriving business enterprise.