Case Facts:
IN THE HIGH COURT OF JUDICATURE AT PATNA Criminal Miscellaneous No.11681 of 2012 ====================================================== Tula Krishna Jha @ Krishna Tula .... .... Petitioner. Versus The State Of Bihar .... .... Opposite Party. ====================================================== CORAM: HONOURABLE MR. JUSTICE DINESH KUMAR SINGH ORAL ORDER 2 06-04-2012 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] . The accusation against the petitioner is that he took loan by means of vehicle of the informant on rent but no payment was made. It is submitted that in order to save his skin from the action being taken by the financer for non-payment of loan amount the present case has been lodged. It is submitted that investigation is pending. Considering the nature of accusation and the aforesaid submissions, let the petitioner, above named, be released on bail in the event of arrest or surrender before the learned court below within a Patna High Court Cr.Misc. No.11681 of 2012 (2) dt.06-04-2012 2 / 2 2 period of twelve weeks from today in connection with Nauhatta P.S. Case No. 23 of 2007 on furnishing bail bond of Rs.10,000/-(Ten Thousand) with two sureties of the like amount each to the satisfaction of the learned C.J.M. Saharsa, subject to the conditions as laid down under Section 438(2) of the Code of Criminal Procedure. U.K./- (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.