Case Facts:
Patna High Court Cr.Misc. No.42258 of 2012 (2) dt.07-12-2012 IN THE HIGH COURT OF JUDICATURE AT PATNA Criminal Miscellaneous No.42258 of 2012 ====================================================== Premlal Poddar .... .... Petitioner/s Versus The State Of Bihar .... .... Opposite Party/s ====================================================== CORAM: HONOURABLE MR. JUSTICE DINESH KUMAR SINGH ORAL ORDER 2 07-12-2012 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 Rs.3,10000 was taken out of Rs.4,85000 by the petitioner for transferring the land of area 12 dhoor but even after taking the balance amount the petitioner only transferred four dhoors of land. It is submitted that the consideration amount was taken only for transferring four dhoors of land which has already been transferred. Considering the nature of accusation arising out of contractual relationship between the parties, let the above named petitioner be released on anticipatory bail in the event of 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 Patna High Court Cr.Misc. No.42258 of 2012 (2) dt.07-12-2012 thousand) with two sureties of the like amount each to the satisfaction of learned CJM, Begusarai in connection with Garhpura P.S. Case No. 24 of 2012 subject to the conditions as laid down under Section 438(2) Cr.P.C. 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.