Shah Rukh runs a dance troupe and teaches jazz. Karishma is a promising and talented member of the troupe. There is a lot of camaraderie between the two. The two are great chums.
It is revealed that Karishma harbors a soft corner for SRK but SRK doesn't feel the same way towards her. He is waiting for his dream girl who would be the heroine of his dream ballet and his life.
In steps Madhuri, looking slightly plump and older, to complete the love triangle. It takes time for Nisha (Karishma) to accept a woman other than her in Rahul's (SRK) life. But she eventually accepts Pooja (Madhuri).
To give twist to events, there's Akshay Kumar making a guest appearance as Pooja's childhood friend and now her suitor. But Rahul and Pooja's love for each other triumphs in the end.