Case Facts:
Patna High Court Cr.Misc. No.12608 of 2012 (2) dt.10-04-2012 IN THE HIGH COURT OF JUDICATURE AT PATNA Criminal Miscellaneous No.12608 of 2012 ====================================================== Mahendra Tiwary & Anr. .... .... Petitioner/s Versus The State Of Bihar .... .... Opposite Party/s CORAM: HONOURABLE MR. JUSTICE HEMANT KUMAR SRIVASTAVA ORAL ORDER 02/ 10.04.2012 Heard learned counsel for the petitioners as well as learned Addl. Public Prosecutor for the State. Petitioners are being prosecuted for the offence under [STATUTE] in Complaint case no. 1343/2010 on the allegation that after taking signatures of the complainant and several villagers, they, in connivance with the bank officials, withdrew huge amount from the bank using forged documents. The contention of learned counsel for the petitioners is that bank officials have already been admitted to anticipatory bail and so far as petitioners are concerned, they had come before this court for anticipatory bail but their prayer for anticipatory bail was rejected by this court with observation that case of the petitioner would be considered at the time of consideration of regular bail. Considering the aforesaid facts and circumstances as well as submissions of the parties, let the petitioners, Mahendra Tiwary and Birendra Tiwary, be released on bail on furnishing bail bonds of Rs 10,000/- each with two sureties of the like amount each to the satisfaction of Sri Prakash, Judicial Magistrate, Ist Class, Rohtas at Sasaram in Complaint Case no. 1343/2010. Shahid (Hemant Kumar Srivastava,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.