Case Facts:
IN THE HIGH COURT OF JUDICATURE AT PATNA Criminal Miscellaneous No.4325 of 2012 ====================================================== Bhagwan Sahoo .... .... Petitioner/s Versus The State Of Bihar .... .... Opposite Party/s ====================================================== CORAM: HONOURABLE MR. JUSTICE DINESH KUMAR SINGH ORAL ORDER 3 19-03-2012 Heard learned counsels for the petitioner and the State. The petitioner is apprehending arrest in a case registered for the offences punishable under [STATUTE] . It is alleged that the petitioner and his brother Narayan Sahu secured Rs. 3,70,000/- as loan on the basis of forged LIC policy. The petitioner is ready to deposit entire loan amount with interest within a period of nine months. Considering the stand of the petitioner, let the above named petitioner, be released on provisional anticipatory bail for ten months, 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 thousand) with two sureties of the like amount each to the satisfaction of the learned Chief Judicial Magistrate, Darbhanga in connection with Patna High Court Cr.Misc. No.4325 of 2012 (3) dt.19-03-2012 2/ 2 L.N.M.U. P.S. Case No. 144 of 2008, subject to the conditions as laid down under Section 438(2) Cr.P.C. Learned court below will confirm the provisional bail of the petitioner if the petitioner deposits the entire loan amount with interest within a period of nine months. 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.