Case Facts:
IN THE HIGH COURT OF JUDICATURE AT PATNA Criminal Miscellaneous No.15028 of 2012 ====================================================== Jivachha Rai .... .... Petitioner/s Versus The State Of Bihar .... .... Opposite Party/s ====================================================== CORAM: HONOURABLE MR. JUSTICE DINESH KUMAR SINGH ORAL ORDER 04/ 04-09-2012 Heard learned counsels for the petitioner and the State. The petitioner is apprehending his arrest in a case registered for the offences punishable under [STATUTE] . It is alleged that the Headmaster instead of giving Rs.2,000/- cash to the students under the Mukhyamantri Cycle Yojna entrusted the money to Rani Cycle Stores and Shankar Cycle Store when the students received Rs.1700/- only. It is submitted by learned counsel for the petitioner that the petitioner entrusted to supply 29 bicycles. The petitioner undertakes to deposit Rs.25,000/- before the learned court below, which will Patna High Court Cr.Misc. No.15028 of 2012 (4) dt.04-09-2012 2/2 be invested by the learned court below in some fixed deposit scheme in connection with the present case, which will be subject to the result of the case. On deposit of the aforesaid amount, let the above named petitioner be released on anticipatory bail in the event of his arrest or surrender before the learned court below within a period of twelve weeks from today, on furnishing bail bond of Rs.10,000/- (Ten thousand) with two sureties of the like amount each to the satisfaction of learned Chief Judicial Magistrate, Begusarai in connection with Bakhri P.S. Case No. 24 of 2012, subject to the conditions as laid down under Section 438(2) of the Cr.P.C. DKS/ (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.