Case Facts:
Patna High Court Cr.Misc. No.43353 of 2012 (2) dt.30-10-2012 IN THE HIGH COURT OF JUDICATURE AT PATNA Criminal Miscellaneous No.43353 of 2012 ====================================================== Manish Kumar, son of Late Dilo Pd. Mandal, Resident of Village- Janipur, Police Station- Shahkund, District- Bhagalpur. .... .... Petitioner. Versus The State of Bihar .... .... Opposite Party. CORAM: HONOURABLE MR. JUSTICE GOPAL PRASAD ORAL ORDER 2 30-10-2012 Heard learned counsel for the petitioner and learned counsel for the State. The petitioner has been arrested in connection with Kharagpur P.S. Case No. 61 of 2011 registered under [STATUTE] . It is alleged Rs. 2,20,000/- was taken by the petitioner and one co-accused from the informant on the pretext of installation of Mobile Tower. Learned counsel for the petitioner submits that petitioner is in jail custody since 27. 08. 2012. Having regard to the facts and circumstance of the case, the above named petitioner is directed to be released on bail on furnishing bail bond of Rs. 10,000/- (Ten thousand) with two sureties of the like amount each to the satisfaction of the Chief Judicial Magistrate, Munger, in connection with Kharagpur P.S. Patna High Court Cr.Misc. No.43353 of 2012 (2) dt.30-10-2012 Case No. 61 of 2012, subject to condition that petitioner shall appear in this case on each and every date fixed in this case and any absence of the petitioner on two consecutive dates itself his bail bond shall stand cancelled. m.p. (Gopal Prasad, 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.