Friendly Loan Or Business Deal? High Court Acquits Ram Sharma In ₹2.6 Lakh Cheque Bounce Case Under Section 138 NI Act – High Court of Himachal Pradesh, Shimla

Background Of The Case In the High Court of Himachal Pradesh, Shimla, the case of Ram Sharma versus Pankaj Chadha was decided on 1st January 2026 by Hon’ble Mr Justice Rakesh Kainthla. The case concerned an alleged dishonour of a cheque under Section 138 of the Negotiable Instruments Act. The dispute arose when Pankaj Chadha, the complainant, claimed he had advanced a friendly loan of ₹2,60,000 to Ram Sharma, which…