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2026 Supreme(HP) 513

IN THE HIGH COURT OF HIMACHAL PRADESH, SHIMLA
RAKESH KAINTHLA
Sandeep Kumar Sharma – Appellant
Versus
PNB – Respondent


Advocates Appeared:
For the Appellant : Nishant Khidtta
For the Respondent: Sanjay Dalmia

JUDGMENT : 

RAKESH KAINTHLA, J.

1. The present revision is directed against the judgment dated 21.10.2022, passed by learned Sessions Judge, Bilaspur, H.P. (learned Appellate Court), vide which the judgment of conviction dated 5.1.20022 and order of sentence dated 7.5.2022, passed by learned Chief Judicial Magistrate, Bilaspur, District Bilaspur, HP (learned Trial Court) were upheld (Parties shall hereinafter be referred to in the same manner as they were arrayed before the learned Trial Court for convenience.)

2. Briefly stated, the facts giving rise to the present revision are that the complainant filed a complaint before the learned Trial Court against the accused for the commission of an offence punishable under Section 138 of the Negotiable Instruments (NI Act). It was asserted that the complainant is a body corporate constituted under the Banking Companies (Acquisition and Transfer of Undertaking) Act. It is engaged in banking activities through various branches, and one such branch is located at Bilaspur. The accused approached the complainant for a term loan of Rs.26,66,000/- for the purchase of a new AMW 2518 Tipper. The complainant sanctioned the loan and advanced a sum of R


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