Case Facts:
IN THE HIGH COURT OF JUDICATURE AT PATNA Criminal Miscellaneous No.16066 of 2012 ====================================================== Mohan Verma .... .... Petitioner/s Versus The State Of Bihar .... .... Opposite Party/s ====================================================== CORAM: HONOURABLE MR. JUSTICE DINESH KUMAR SINGH ORAL ORDER 02/ 08-05-2012 Heard learned counsels for the petitioner and the State. The petitioner is apprehending his arrest in a case registered for the offences punishable under [STATUTE] . It is alleged that the petitioner being the Principal Sales and Marketing Officer of Bharti Airtel Ltd. Bihar Area from 5th of May, 2008 to 22nd September, 2011 misappropriated Rs. 26.94 lacs. with regard to the gold/silver coins and gift cards being purchased for the business promotional activities of the company. It is submitted by learned senior counsel for the petitioner that since the petitioner applied for joining the different company Bharti Airtel terminated the service of the petitioner on 22.09.2011 when the Patna High Court Cr.Misc. No.16066 of 2012 (2) dt.08-05-2012 2/3 purchase of the gold/silver coins and gift cards were used to be finally decided by the commercial management wing of the Bharti Airtel which is apparent from the complaint itself and after the date of termination the petitioner never entered into the office of Bharti Airtel and everything was left by the petitioner in the company office and after three months of the termination the present FIR has been lodged on 01.02.2012. It is submitted by learned counsel for the State that the show cause notice was issued to the petitioner on 03.01.2012 when reply was filed on 12.01.2012 and finding the reply unsatisfactory the present FIR has been lodged. Considering the nature of accusation levelled after three months of the termination of the petitioner from service, let the above named petitioner be released on anticipatory bail in the event of his 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 thousand) with two sureties of the like amount each to the satisfaction of learned Chief Judicial Patna High Court Cr.Misc. No.16066 of 2012 (2) dt.08-05-2012 3/3 Magistrate, Patna in connection with Sri Krishnapuri P.S. Case No. 25 of 2012, subject to the conditions as laid down under Section 438(2) of the Cr.P.C. DKS/ (Dinesh Kumar Singh, J.) .

Applicable IPC Section: 406

Statute Text:
Section 406 of the Indian Penal Code. Criminal breach of trust. Whoever commits criminal breach of trust shall be punished with imprisonment of either description for a term which may extend to three years, or with fine, or with both.