Case Facts:
IN THE HIGH COURT OF JUDICATURE AT PATNA Criminal Miscellaneous No.41347 of 2012 ====================================================== 1. L. Ajit Kumar @ Ajit Kumar, Director, Frischman, Prabhu (India) Private Limited, 315, Balgovind Wadi, New Prabhadevi Road, Prabhadevi, Mumbai-400 025, Maharastra. 2. M.V. Purshothamann, Deputy General Manager, (H.R. & Administration), 315, Balgovind Wadi. New Prabhadevi Road, Prabhadevi, Mumbai-400 025, Maharastra. 3. Birendra Jha, Resident-Cum-High-Way Engineer, Frischman, Prabhu (India) Private Limited S/O Mahakant Jha R/O Village-Kathiya, P.O.- Laxmi Sagar, P.S.-Sadar, Darbhanga At Present Reside At Chanchal Baba Ashram, Prambha Shakti Peeth Seva Trust First Floor, Ambikanagar, Motihari, Distt.-East Champraran. .... .... Petitioners. Versus The State Of Bihar .... .... Opposite Party. ====================================================== CORAM: HONOURABLE MR. JUSTICE DINESH KUMAR SINGH ORAL ORDER 2 06-12-2012 Heard learned counsels for the petitioners, complainant and the State. The petitioners are apprehending their arrest in a complaint case in which cognizance has been taken for the offences punishable under [STATUTE] . It is alleged that the complainant was the team leader of Frischman Prabhu(India) Pvt. Ltd., when his salary, expenses and other dues to the tune of Rs. 8,41,425/- have not been paid. It is submitted by learned senior counsel for the petitioners that the complainant Patna High Court Cr.Misc. No.41347 of 2012 (2) dt.06-12-2012 2 / 2 2 misappropriated money of the company when he was terminated and thereafter he submitted his resignation. Considering the accusation arising out of civil nature of dispute between the parties and the fact that anticipatory bail application become maintainable for his apprehension arose in non- bailable offence and issuance of summons in the complaint case constitutes the apprehension for maintainability of anticipatory bail application, let the petitioner, above named, be released on bail in the event of arrest or surrender before the learned court below within a period of twelve weeks from today in connection with Complaint Case No. 1411 of 2012, Trial No. 4475 of 2012 on furnishing bail bond of Rs.10,000/-(Ten Thousand) with two sureties of the like amount each to the satisfaction of the learned C.J.M. East Champaran, Motihari, subject to the conditions as laid down under Section 438(2) of the Code of Criminal Procedure. U.K./- (Dinesh Kumar Singh, J)

Applicable IPC Section: 422

Statute Text:
Section 422 of the Indian Penal Code. Fraudulently preventing from being made available for his creditors a debt or demand due to the offender. Whoever dishonestly or fraudulently prevents any debt or demand due to himself or to any other person from being made available according to law for payment of his debts or the debts of such other person, shall be punished with imprisonment of either description for a term which may extend to two years, or with fine, or with both.