Case Facts:
IN THE HIGH COURT OF JUDICATURE AT PATNA Criminal Miscellaneous No.44235 of 2011 ====================================================== Chandan Kumar, son of Raj Kumar Roy, resident of Village- Khajuri, P.S.- Bakhitiyarpur (Belwa Hat O.P.) District-Saharsa. .... .... Petitioner/s Versus The State of Bihar .... .... Opposite Party/s ====================================================== Appearance : For the Petitioner/s : Mr. Bhashkar Shankar For the Opposite Party/s : Mr. Shantanu Kumar, APP ====================================================== CORAM: HONOURABLE MR. JUSTICE JYOTI SARAN ORAL ORDER 3 24-02-2012 Heard the parties. The petitioner is in custody in connection with Gamharia P.S. Case No.08 of 2011 for the offences punishable under [STATUTE] . The FIR is in the light of the complaint made by the informant Mamta Pandit to the Branch Manager, State Bank of India, Bathani, Madhepura alleging theft of her cheque-book, issued from the head office, which was lost in transit and from the usage whereof, an amount of Rs.43,000/- had been withdrawn from her account. The complaint being received by the Bank two such cases came to the notice and which were reported to the police giving rise to the present case. The involvement of this petitioner is, inter alia, on the grounds of utilizing a cheque which allegedly was not in his name and from his possession, several counterfoils, deposit slips etc. were recovered. The petitioner was arrested in connection with another case arising from Madhepura P.S. Case No.29 of 2011 and has been remanded therefrom. Learned counsel for the petitioner submits that the Patna High Court Cr.Misc. No.44235 of 2011 (3) dt.24-02-2012 2 involvement of the petitioner in the present case is merely on suspicion. Regard being had to the submission of learned counsel, let the petitioner, namely, Chandan Kumar be released on bail on furnishing bail bonds of Rs.10,000/- (ten thousand) with two sureties of the like amount each to the satisfaction of the learned Chief Judicial Magistrate, Madhepura in connection with Gamharia P.S. Case No.08 of 2011. SKPathak/- (Jyoti Saran, 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.