Case Facts:
IN THE HIGH COURT OF JUDICATURE AT PATNA Criminal Miscellaneous No.21078 of 2012 ====================================================== Bhagwat Prasad .... .... Petitioner/s Versus The State Of Bihar & Anr .... .... Opposite Party/s ====================================================== CORAM: HONOURABLE MR. JUSTICE DINESH KUMAR SINGH ORAL ORDER 5 11-12-2012 Heard learned counsels for the petitioner and the State. The petitioner is apprehending arrest in a complaint case in which cognizance has been taken under [STATUTE] and Section 138 of the N.I. Act. It is alleged that the petitioner took Rs. 3 lacs on promise to return but subsequently cheques of Rs. 1 lacs, Rs. 1.37 lacs and Rs. 49,700/- were issued which got bounced. On 26.06.2012 the notices were issued to opposite party no.2 when on prayer of both sides the matter was adjourned on 05.11.2012 for six weeks. Today again, the adjournment was sought for on the ground of personal difficulty of both sides. Both sides agree to reconcile the issue. In the circumstance, let the above named petitioner be released on provisional anticipatory bail for six months, 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. Patna High Court Cr.Misc. No.21078 of 2012 (5) dt.11-12-2012 2/2 10,000/- (ten thousand) with two sureties of the like amount each to the satisfaction of the learned Judicial Magistrate, 1st Class, Sasaram, Rohtas in connection with Complaint Case No. 1273 of 2010, subject to the conditions as laid down under Section 438(2) Cr.P.C. The provisional bail of the petitioner will be confirmed by learned court below if both sides resolve the issue. Amrendra/- (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.