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2026 Supreme(HP) 480

IN THE HIGH COURT OF HIMACHAL PRADESH, SHIMLA
RAKESH KAINTHLA
Gian Chand Singal – Appellant
Versus
Puneet Gautam – Respondent


Advocates Appeared:
For the Appellants : Bhupender Gupta, Rinki Kashmiri
For the Respondent: Pranshul Sharma

Table of Content
1. cheque dishonour case; trial acquitted unproven debt. (Para 1 , 2 , 3 , 4 , 5 , 6)
2. arguments on s139 presumption and proof burden. (Para 7 , 8 , 9 , 10)
3. interfere perverse acquittal; ni act presumption applies. (Para 11 , 12 , 13 , 14 , 15)
4. s138 requires drawing, bounce, notice, non-payment. (Para 16)
5. execution admission raises ss118/139 debt presumption. (Para 17 , 18 , 19 , 20)
6. accused admits loan, fails repayment proof. (Para 21 , 22)
7. security cheques attract s138 liability. (Para 23 , 24 , 25 , 26)
8. payee-filled signed cheque enforceable. (Para 27 , 28 , 29)
9. admissions overcome proof inconsistencies. (Para 30 , 31 , 32)
10. dishonour, notice, non-payment proved. (Para 33 , 34 , 35)
11. acquittal set aside; s138 conviction. (Para 36 , 37)

JUDGMENT :

RAKESH KAINTHLA, J.

1. The present appeal is directed against the judgment dated 31.12.2012, passed by learned Judicial Magistrate First Class, Solan, District Solan, H.P. (learned Trial Court) vide which the respondent (accused before the learned trial court) was acquitted of the commission of an offence punishable under Section 138 of the Negotiable Instruments Act (NI Act). (Parties shall hereinafter


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