Case Facts:
IN THE HIGH COURT OF JUDICATURE AT PATNA Criminal Miscellaneous No.40462 of 2012 ====================================================== Shyam Kumar Singh .... .... Petitioner/s Versus The State Of Bihar .... .... Opposite Party/s ====================================================== CORAM: HONOURABLE MR. JUSTICE DINESH KUMAR SINGH ORAL ORDER 2 08-11-2012 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 the petitioner and one Upendra Prasad Singh realized Rs. 2,00,000/- as refundable security amount from the informant for installing the mobile tower but neither the tower was installed nor the money was returned. It is submitted by learned counsel for the petitioner that co-accused Upendra Prasad Singh filed Informatory Petition No. 1169 of 2010 on 18.09.2010 against the informant before the learned Chief Judicial Magistrate making accusation with regard to giving threat for the extortion when the present FIR was lodged on 21.01.2012 when there is no proof with regard to payment. Considering the aforesaid facts, let the above named petitioner be released on anticipatory bail, in the event of arrest or Patna High Court Cr.Misc. No.40462 of 2012 (2) dt.08-11-2012 2/2 surrender before the learned Court below within a period of 12 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 the learned Chief Judicial Magistrate, Munger in connection with Sangrampur P.S. Case No. 09 of 2012, subject to the conditions as laid down under Section 438(2) Cr.P.C. Amrendra/- (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.