Case Facts:
IN THE HIGH COURT OF JUDICATURE AT PATNA Criminal Miscellaneous No.7350 of 2012 ====================================================== Radha Kant Lal Das .... .... Petitioner/s Versus The State Of Bihar .... .... Opposite Party/s ====================================================== CORAM: HONOURABLE MR. JUSTICE DINESH KUMAR SINGH ORAL ORDER 2 19-03-2012 Heard learned counsels for the petitioner and the State. The petitioner being the Board of Member of the Co- operative Central Bank is apprehending arrest in a case registered for the offences punishable under [STATUTE] . It is alleged that the informant’s money deposited in the co-operative bank were misappropriated. It is submitted by learned counsel for the petitioner that the petitioner is not involved with any functioning of the co- operative bank, moreover the money has already been deposited back and others have been granted bail in the matter vide Cr. Misc. No. 4699 of 2011. 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 weeks from today, on furnishing bail bond of Rs. 10,000/- (ten Patna High Court Cr.Misc. No.7350 of 2012 (2) dt.19-03-201 2/ 22 thousand) with two sureties of the like amount each to the satisfaction of the learned Chief Judicial Magistrate, Saharsa in connection with Saharsa P.S. Case No. 259 of 2010, 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.