Case Facts:
IN THE HIGH COURT OF JUDICATURE AT PATNA Criminal Miscellaneous No.9759 of 2012 ====================================================== Sheo Shankar Singh .... .... Petitioner/s Versus The State Of Bihar .... .... Opposite Party/s ====================================================== CORAM: HONOURABLE MR. JUSTICE DINESH KUMAR SINGH ORAL ORDER 5 01-11-2012 Heard learned counsels for the petitioner, complainant and the State. Petitioner is apprehending his arrest in a complaint case in which cognizance has been taken under [STATUTE] . It is alleged that the complainant got deposited Rs. 2,00,000/- to the Global Network Finance and Leasing Company, Jublee Park, Gariya, Kolkata for getting the loan of Rs. 10,00,000/- when Rs. 61,112/- was being taken for providing job to the brother of the complainant in the financial institutions but neither job was provided nor money was returned nor loan was sanctioned. It is alleged against the petitioner that petitioner gave an undertaking in writing that he will be responsible for getting the money refunded from the Global Network Finance and Leasing Company. Patna High Court Cr.Misc. No.9759 of 2012 (5) dt.01-11-2012 2 / 2 2 It is submitted by learned counsel for the petitioner that it is the admitted case that petitioner deposited the money into Global Network Finance and Leasing Company when the document has been brought on record to suggest that complainant was also a commission agent in the said company. Considering the thrust of accusation against the Global Network Finance and Leasing Company, let the petitioner namely Sheo Shankar Singh, in the event of his 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) with two sureties of the like amount each to the satisfaction of learned Chief Judicial Magistrate, Rohtas at Sasaram in connection with Complaint Case No. 904 of 2008. 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.