Case Facts:
IN THE HIGH COURT OF JUDICATURE AT PATNA Criminal Miscellaneous No.41858 of 2012 ====================================================== Shyam Chandra Sinha .... .... Petitioner/s Versus The State Of Bihar .... .... Opposite Party/s ====================================================== CORAM: HONOURABLE MR. JUSTICE DINESH KUMAR SINGH ORAL ORDER 2 06-12-2012 Heard learned counsels for the petitioner and the State. The petitioner being the Branch Manager of Punjab National Bank is apprehending arrest in a complaint case in which cognizance has been taken under [STATUTE] . It is alleged that Rs. 10,000/- was given to the petitioner for providing KCC loan, subsequently the petitioner demanded Rs. 5,000/- more and when the payment was not made the KCC loan was not provided. It is submitted by learned counsel for the petitioner that there is no proof with regard to the payment and when father of the petitioner was given KCC loan hence the petitioner was not given same privilege. Considering the aforesaid facts, 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 12 Patna High Court Cr.Misc. No.41858 of 2012 (2) dt.06-12-2012 2/2 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, Muzaffarpur in connection with Complaint Case No. 827 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.