Case Facts:
Patna High Court Cr.Misc. No.5724 of 2012 (2) dt.01-03-2012 IN THE HIGH COURT OF JUDICATURE AT PATNA Criminal Miscellaneous No.5724 of 2012 ====================================================== 1. Jai Deo Prasad Singh. 2. Ganesh Prasad Singh. 3. Md. Idris. .... .... Petitioner/s Versus The State Of Bihar .... .... Opposite Party/s ====================================================== with Criminal Miscellaneous No.5743 of 2012 ====================================================== Sanjay Kumar .... .... Petitioner/s Versus The State Of Bihar .... .... Opposite Party/s ====================================================== CORAM: HONOURABLE MR. JUSTICE DINESH KUMAR SINGH ORAL ORDER 2 01-03-2012 The learned counsel for the petitioner is permitted to make correction. Heard learned counsels for the petitioners, informant and the State. The petitioners being the Managing Director, Branch Manager and Cashier of the Central Co-operative Bank are apprehending arrest in a complaint case in which cognizance has been taken under [STATUTE] . The accusation is of misappropriating Rs. 18,00,000/- of Mahammadpur PACS in the Gopalganj District. It is submitted by learned Sr. counsel for the petitioners Patna High Court Cr.Misc. No.5724 of 2012 (2) dt.01-03-2012 that actually the alleged amount has been adjusted against the various loans provided to the concerned PACS. It is submitted by the complainant that the said amount ought not to have been adjusted against the loan amount because the loan was given to various farmers. It appears that initially the police case was registered when the accusation was found false and final form was submitted but on protest, the cognizance has been taken Considering the nature of accusation and the fact that during investigation, the accusation was found false, let the above named petitioners, 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 thousand) each with two sureties of the like amount each to the satisfaction of the learned Sub-divisional Judicial Magistrate, Gopalganj in connection with Complaint Case No. C-70 of 2006, subject to the conditions as laid down under Section 438(2) Cr.P.C. Amrendra/- (Dinesh Kumar Singh, J)

Applicable IPC Section: 465

Statute Text:
Section 465 of the Indian Penal Code. Forgery. Whoever commits forgery shall be punished with imprisonment of either description for a term which may extend to two years, or with fine, or with both.