Case Facts:
IN THE HIGH COURT OF JUDICATURE AT PATNA Criminal Miscellaneous No.32140 of 2012 ====================================================== Arbind Kumar .... .... Petitioner. Versus The State Of Bihar .... .... Opposite Party. ====================================================== with Criminal Miscellaneous No.32268 of 2012 ====================================================== Arbind Kumar .... .... Petitioner. Versus The State Of Bihar .... .... Opposite Party. ====================================================== CORAM: HONOURABLE MR. JUSTICE DINESH KUMAR SINGH ORAL ORDER 2 05-09-2012 Heard learned counsels for the petitioner and the State. The petitioner being the Ex-Branch Manager of Bank of Baroda is apprehending his arrest in a case registered for the offences punishable under [STATUTE] . It is alleged that the F.I.R. named accused persons took loan Rs. 9,50,000/- and Rs. 10,00,000/- respectively which were sanctioned on 30.11.2006 and 13.10.2006 respectively. Subsequently, the loanees defaulted when legal action was taken then it was found that security documents supplied by the loanees were forged when it was alleged against this Patna High Court Cr.Misc. No.32140 of 2012 (2) dt.05-09-2012 2 / 2 2 petitioner that the petitioner being the Ex-Branch Manager of the bank approved loan on the basis of forged security documents. It is submitted by learned counsel for the petitioner that petitioner is not named in the F.I.R., and security documents were approved by the Legal Advisor of the Bank and then loans were sanctioned when loanees are identified and are contesting the case. Considering the thrust of accusation against the loanees, let the petitioner above named be released on bail in the event of arrest or surrender before the learned court below within a period of twelve weeks from today in connection with Mansahi P.S. Case Nos. 79 of 2010 and 80 of 2010 respectively on furnishing bail bond of Rs.10,000/- (Ten Thousand) each with two sureties of the like amount each to the satisfaction of the learned C.J.M. Katihar, 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: 467

Statute Text:
Section 467 of the Indian Penal Code. Forgery of a valuable security, will or authority to make or transfer any valuable security, or to receive any money, etc. Whoever forges a document which purports to be a valuable security or a will, or an authority to adopt a son, or which purports to give authority to any person to make or transfer any valuable security, or to receive the principal, interest or dividends thereon, or to receive or deliver any money, movable property, or valuable security, or any document purporting to be an acquittance or receipt acknowledging the payment of money, or an acquittance or receipt for the delivery of any movable property or valuable security, shall be punished with imprisonment for life, or with imprisonment of either description for a term which may extend to ten years, and shall also be liable to fine.