"Ek Daav Bhootacha" follows Madan, a man who sees ghosts, leading to isolation and ridicule. He falls in love with Madhumati but is too shy to confess. A ghost, Shashikant, offers to help Madan win Madhumati's love in exchange for fulfilling his last wish-seeking justice for his unnatural death. The film unfolds as Madan navigates love, ghostly conspiracies, and a quest for justice, culminating in an unexpected and thrilling resolution.