Case Facts:
Patna High Court Cr.Misc. No.33801 of 2012 (3) dt.17-12-2012 IN THE HIGH COURT OF JUDICATURE AT PATNA Criminal Miscellaneous No.33801 of 2012 ====================================================== Jitendra Kumar Gupta ( Bhartiya) .... .... Petitioner/s Versus The State Of Bihar .... .... Opposite Party/s ====================================================== CORAM: HONOURABLE MR. JUSTICE DINESH KUMAR SINGH ORAL ORDER 3 17-12-2012 Heard learned counsels for the petitioner and the State. The petitioner is apprehending arrest in a case registered for the offences punishable under [STATUTE] . It is alleged that on closure of medicine shop of the informant, the medicines worth Rs.2,75,197 was lifted by the petitioner when he paid only Rs.75000 when it is submitted by learned counsel for the petitioner that only due amount is Rs.30000. The petitioner is ready to deposit Rs.50000 before the learned court below which will be released in favour of the informant if the informant files an application for withdrwal of the case. Considering the aforesaid stand, on deposit of the aforesaid amount, let the above named petitioner be released on anticipatory bail in the event of arrest or surrender before the Patna High Court Cr.Misc. No.33801 of 2012 (3) dt.17-12-2012 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 CJM, Bhojpur in connection with Ara Town P.S. Case No. 98 of 2012 subject to the conditions as laid down under Section 438(2) Cr.P.C. It is made clear that if the informant does not file application for withdrawal of the case, the amount deposited in connection with the present case shall be invested in some fixed deposit scheme by the learned court below which will be subject to the result of the case. Anil/- (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.