Case Facts:
IN THE HIGH COURT OF JUDICATURE AT PATNA Criminal Miscellaneous No.41236 of 2012 ====================================================== Ram Surat Singh @ Loha Singh & Anr. .... .... Petitioner/s Versus The State Of Bihar .... .... Opposite Party/s ====================================================== CORAM: HONOURABLE MR. JUSTICE DINESH KUMAR SINGH ORAL ORDER 2 29-11-2012 Petitioners are apprehending their arrest in a case registered for the offences punishable under [STATUTE] . It is alleged by the informant that an agreement was executed by the petitioners for running the rice mill of the petitioners but subsequently it was found that on the direction of bank, for non-payment of loan amount the rice mill was closed when the informant invested Rs. 2,00,000/- for repair of rice mill but the said money was not returned and petitioner Akshaibar Singh took Rs. 11,000/-from the pocket of the informant. It is submitted by learned counsel for the petitioners that informant himself is a defaulter as he failed to make payment of the rent under the agreement for which Complaint Case No. 635 of 2012 has been filed by the Patna High Court Cr.Misc. No.41236 of 2012 (2) dt.29-11-2012 2 / 2 2 petitioners against the informant making accusation under [STATUTE] . It is submitted by learned counsel for the informant that complaint case has been filed in order to save the skin from the present case. Considering the nature of accusation arising out of contractual relationship between the parties, let the petitioners namely 1. Ram Surat Singh @ Loha Singh 2. Akshaibar Singh, in the event of their arrest or surrender before the Court below within a period of 12 weeks from today, be released on anticipatory bail on furnishing bail bond of Rs. 10,000/-(ten thousand) each with two sureties of the like amount each to the satisfaction of learned Chief Judicial Magistrate, Rohtas at Sasaram in connection with Kargahar P.S. Case No. 127 of 2012. Shageer/- (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.