Case Facts:
Patna High Court Cr.Misc. No.10896 of 2012 (3) dt.19-06-2012 IN THE HIGH COURT OF JUDICATURE AT PATNA Criminal Miscellaneous No.10896 of 2012 ====================================================== 1. Hari Kishore Prasad, 2. Santosh Kumar .... .... Petitioner/s Versus The State Of Bihar .... .... Opposite Party/s ====================================================== CORAM: HONOURABLE MR. JUSTICE DINESH KUMAR SINGH ORAL ORDER 3 19-06-2012 Heard learned counsels for the petitioners and the State. The petitioners are apprehending arrest in a case registered for the offences punishable under [STATUTE] . It is alleged against the petitioners that they made assault and snatched rupees one thousand from the pocket of the informant. Petitioner no. 2 is also alleged to have taken the signature of the informant on plain paper on the pretext of providing loan. It is submitted that the informant became guarantor for the loan to be taken by the petitioner when on certain terms and conditions certain payments were to be made by the petitioner. The petitioner paid the agreed amount and the loan amount was sanctioned and subsequently the relationship went soured when a legal notice was served upon the informant by the bank. Statement Patna High Court Cr.Misc. No.10896 of 2012 (3) dt.19-06-2012 has been made in paragraph 15 of the petition that the petitioners have no criminal antecedent. Considering the accusation in the background of strained relationship between the parties, 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 Chief Judicial Magistrate, Sheikhpura in connection with Sheikhpura P.S. Case No. 294 of 2011 subject to the conditions as laid down under Section 438(2) Cr.P.C. Anil/- (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.