Case Facts:
IN THE HIGH COURT OF JUDICATURE AT PATNA Criminal Miscellaneous No.10994 of 2012 ====================================================== Madhusudan Sao .... .... Petitioner/s Versus The State Of Bihar .... .... Opposite Party/s ====================================================== CORAM: HONOURABLE MR. JUSTICE DINESH KUMAR SINGH ORAL ORDER 02/ 09-04-2012 Heard learned counsels for the petitioner and the State. The petitioner is apprehending his arrest in a case registered for the offences punishable under [STATUTE] and 138 of N.I. Act. It is alleged that in lieu of the payment of rent of the land of informant the petitioner issued cheque of Rs.88,000/- which subsequently got bounced. It is submitted by learned counsel for the petitioner that the petitioner filed a case against the informant. Let the petitioner deposit Rs.88,000/- within ten months before the learned court below which will be invested in some fixed deposit scheme in connection Patna High Court Cr.Misc. No.10994 of 2012 (2) dt.09-04-2012 2/2 with the present case which will be subject to the result of the case. Considering the aforesaid facts, let the above named petitioner be released on anticipatory bail in the event of his arrest or surrender before the learned court below within a period of twelve weeks from today, on furnishing bail bond of Rs.10,000/- (Ten thousand) with two sureties of the like amount each to the satisfaction of learned Chief Judicial Magistrate, Gaya in connection with Buniyadganj P.S. Case No. 65 of 2011, subject to the conditions as laid down under Section 438(2) of the Cr.P.C. The bail bond of the petitioner will be accepted provisionally till deposit of the aforesaid amount. DKS/ (Dinesh Kumar Singh, J.) .

Applicable IPC Section: 420

Statute Text:
Section 420 of the Indian Penal Code. Cheating and there by dishonestly inducing delivery of property, or the making, alteration or destruction of a valuable security. Whoever cheats and thereby dishonestly induces the person deceived to deliver any property to any person, or to make, alter or destroy the whole or any part of a valuable security, or anything which is signed or sealed, and which is capable of being converted into a valuable security, shall be punished with imprisonment of either description for a term which may extend to seven years, and shall also be liable to fine.