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: 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.