Case Facts:
Patna High Court Cr.Misc. No.41425 of 2012 (3) dt.27-11-2012 IN THE HIGH COURT OF JUDICATURE AT PATNA Criminal Miscellaneous No.41425 of 2012 ====================================================== Rakesh Ranjan .... .... Petitioner/s Versus The State Of Bihar .... .... Opposite Party/s ====================================================== with Criminal Miscellaneous No.43226 of 2012 ====================================================== Pankaj Kumar .... .... Petitioner/s Versus The State Of Bihar .... .... Opposite Party/s CORAM: HONOURABLE MR. JUSTICE HEMANT KUMAR SRIVASTAVA ORAL ORDER 03/ 27.11.2012 Both the above stated petitions arise out of Economic offences P.S. Case no. 12/2012 registered under [STATUTE] , 66 of the Information Technology Act and, accordingly, both the above stated petitions are being disposed off by this common order. Heard learned counsel for the petitioners as well as learned Addl. Public Prosecutor for the State. At the very outset, learned counsel for the petitioners points out that having similar allegation co–accused Abhishek Kumar, Rajiv Ranjan and Sanjeev Kumar have already been granted privilege of bail by another bench of this court. It is further contended by him that according to the prosecution case itself, the petitioners and several other accused persons were arrested before conduct of examination and, therefore, at best, it is a case of preparation only. Considering the aforesaid facts and circumstances as well as Patna High Court Cr.Misc. No.41425 of 2012 (3) dt.27-11-2012 submissions of the parties, let the petitioners, Rakesh Ranjan and Pankaj Kumar, be released on bail on furnishing bail bonds of Rs 10,000/- each with two sureties of the like amount each to the satisfaction of the Chief Judicial Magistrate, Patna in Economic offences P.S. Case no. 12/2012. Shahid (Hemant Kumar Srivastava,J)

Applicable IPC Section: 468

Statute Text:
Section 468 of the Indian Penal Code. Forgery for the purpose of cheating. Whoever commits forgery, intending that the document forged shall be used for the purpose of cheating, shall be punished with imprisonment of either description for a term which may extend to seven years, and shall also be liable to fine.