Case Facts:
Patna High Court Cr.Misc. No.41716 of 2012 (4) dt.03-12-2012 IN THE HIGH COURT OF JUDICATURE AT PATNA Criminal Miscellaneous No.41716 of 2012 ====================================================== Shankar Kumar @ Shankar Ram, S/O-Ramsharan Ram .... .... Petitioner/s Versus The State Of Bihar .... .... Opposite Party/s ====================================================== with Criminal Miscellaneous No.38724 of 2012 ====================================================== 1. Pintoo Kumar S/O Chhote Prasad .... .... Petitioner/s Versus 1. The State Of Bihar .... .... Opposite Party/s ====================================================== ====================================================== CORAM: HONOURABLE MR. JUSTICE HEMANT KUMAR SRIVASTAVA ORAL ORDER 4 03-12-2012 Both the above stated petitions arise out of Nalanda P.S. Case No. 47 of 2012 registered under [STATUTE] and accordingly, both the above stated petitions are being disposed of by this common order. Heard learned counsel for the petitioners as well as learned Additional Public Prosecutor for the State assisted by learned counsel for the informant. Allegedly, petitioner in Cr. Misc. No. 41716 of 2012 took near about eight lacs from the informant in the name of got executing power of attorney in his favour and later on, a forged power of attorney was executed by the petitioner in Cr. Misc. No. 38724 of 2012. Patna High Court Cr.Misc. No.41716 of 2012 (4) dt.03-12-2012 Considering the aforesaid facts and circumstances as well as submissions of the parties, I am not inclined to release the petitioners on bail and accordingly, their prayer for bail in connection with Nalanda P.S. Case No. 47 of 2012 pending in the court of Chief Judicial Magistrate, Nalanda at Biharsharif is, hereby, rejected, at least, at this stage. 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.