Case Facts:
Patna High Court Cr.Misc. No.40478 of 2012 (3) dt.17-12-2012 IN THE HIGH COURT OF JUDICATURE AT PATNA Criminal Miscellaneous No.40478 of 2012 ====================================================== Upendra Yadav @ Upendra Singh .... .... Petitioner/s Versus The State Of Bihar .... .... Opposite Party/s CORAM: HONOURABLE MR. JUSTICE HEMANT KUMAR SRIVASTAVA ORAL ORDER 03/ 17.12.2012 Heard learned counsel for the petitioner as well as learned Addl. Public Prosecutor for the State. Petitioner is in jail custody since 6.7.2012 in a case registered under [STATUTE] and 47A of the Excise Act. The contention on behalf of the petitioner is that alleged recovery has been made from an abandon house and so far as scorpio vehicle is concerned, the same belongs to the petitioner. It is further contended by him that other accused persons have already been granted privilege of bail and moreover, even if prosecution story assumed to be true, then also, petitioner is first offender and he does not have any criminal antecedent. Considering the aforesaid facts and circumstances as well as submissions of the parties, let the petitioner, Upendra Yadav @ Upendra Singh, be released on bail on furnishing bail bonds of Rs 10,000/- with two sureties of the like amount each to the satisfaction of the Sub divisional Judicial Magistrate, Daudnagar, Aurangabad in Daudnagar P.S. Case no. 181/2012 subject to the condition that learned trial court shall cancel the bail bond of the petitioner, if a new case of similar nature is reported to have been registered against the petitioner. 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.