Case Facts:
Patna High Court Cr.Misc. No.43034 of 2012 (2) dt.07-11-2012 IN THE HIGH COURT OF JUDICATURE AT PATNA Criminal Miscellaneous No.43034 of 2012 ====================================================== 1. Ram Chandra Pandit S/O Late Laddu Lal Pandit, Resident of village- Panhansh, P.S.- Town, District- Begusarai .... .... Petitioner/s Versus 1. The State of Bihar .... .... Opposite Party/s ====================================================== CORAM: HONOURABLE MR. JUSTICE ASHWANI KUMAR SINGH ORAL ORDER 2 07-11-2012 Heard learned counsel for the petitioner and learned counsel appearing on behalf of the State. The petitioner has renewed his prayer for bail which was earlier rejected by this court by order dated 11.4.2012. He is in custody since 13.11.2011. The case is under [STATUTE] . Considering the facts and circumstance of the case, the petitioner, named above, is directed to 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 learned Judicial Magistrate, 1st Class, Begusarai in connection with Begusarai (Town) P.S. Case No.21 of 2012. Md.S./- (Ashwani Kumar Singh, J)

Applicable IPC Section: 411

Statute Text:
Section 411 of the Indian Penal Code. Dishonestly receiving stolen property knowing it to be stolen. Whoever dishonestly receives or retains any stolen property, knowing or having reason to believe the same to be stolen property, shall be punished with imprisonment of either description for a term which may extend to three years, or with fine, or with both.