Case Facts:
Patna High Court Cr.Misc. No.31543 of 2012 (2) dt.27-08-2012 IN THE HIGH COURT OF JUDICATURE AT PATNA Criminal Miscellaneous No.31543 of 2012 ====================================================== 1. Vikash Kumar Gupta S/O Upendra Sah @ Upendra Prasad .... .... Petitioner/s Versus 1. The State Of Bihar .... .... Opposite Party/s ====================================================== ====================================================== CORAM: HONOURABLE MR. JUSTICE HEMANT KUMAR SRIVASTAVA ORAL ORDER 2 27-08-2012 Heard learned counsel for the petitioner as well as learned Additional Public Prosecutor for the State. Petitioner is in jail custody since 09.12.2011 in a case registered under [STATUTE] on the allegation that he took loan from State Bank of Bikaner and Jaipur and in the aforesaid transaction, one of the guarantors of the petitioner produced fake document. The contention on behalf of the petitioner is that petitioner has sufficiently been punished by remaining in jail custody for near about eight months and moreover, even if, the prosecution story assumed to be true, then also, it was guarantor who had produced the fake document. Considering the aforesaid facts and circumstances as well as submissions of the parties, let the petitioner be released on bail on furnishing bail bonds of Rs. 10,000/- (Ten Thousand) with Patna High Court Cr.Misc. No.31543 of 2012 (2) dt.27-08-2012 two sureties of the like amount each to the satisfaction of Sub Divisional Judicial Magistrate, Patna City in connection with Chowk P.S. Case No. 35 of 2010 subject to condition that one of the sureties shall be family member of the petitioner and holder of landed property. SHAHZAD/- (Hemant Kumar Srivastava, J)

Applicable IPC Section: 467

Statute Text:
Section 467 of the Indian Penal Code. Forgery of a valuable security, will or authority to make or transfer any valuable security, or to receive any money, etc. Whoever forges a document which purports to be a valuable security or a will, or an authority to adopt a son, or which purports to give authority to any person to make or transfer any valuable security, or to receive the principal, interest or dividends thereon, or to receive or deliver any money, movable property, or valuable security, or any document purporting to be an acquittance or receipt acknowledging the payment of money, or an acquittance or receipt for the delivery of any movable property or valuable security, shall be punished with imprisonment for life, or with imprisonment of either description for a term which may extend to ten years, and shall also be liable to fine.