Case Facts:
IN THE HIGH COURT OF JUDICATURE AT PATNA Criminal Miscellaneous No.10106 of 2012 ====================================================== Ramdeo Rai .... .... Petitioner. Versus The State Of Bihar .... .... Opposite Party. ====================================================== CORAM: HONOURABLE MR. JUSTICE DINESH KUMAR SINGH ORAL ORDER 5 03-07-2012 Heard learned counsel for the petitioner and Mr. J. N. Thakur, learned A.P.P. for the State. The petitioner is apprehending his arrest in a complaint case in which cognizance has been taken for the offence punishable under [STATUTE] . It is alleged that accused persons were running a financial company in which the complainant was appointed as Branch Manager and he was persuaded to invest some money but subsequently the financial company was closed and accused persons run away with the money of the complainant. It is submitted that the petitioner was also Branch Manager and he was neither promoter nor Director of the company and other accused Manish Kumar Singh with similar accusation has been granted anticipatory bail by this Court vide Cr. Misc. No. 35368 of 2003. Patna High Court Cr.Misc. No.10106 of 2012 (5) dt.03-07-2012 2 / 2 2 This Court is not inclined to interfere because the complaint was filed in 1998 but considering the fact that other accused has been granted anticipatory bail by this Court, let learned court below consider prayer for regular bail of the petitioner if the petitioner surrenders within a period of six weeks from the date of receipt of copy of this order in connection with Complaint Case No. 1382 of 1998, Tr. No. 1515 of 2011 pending in the court of the learned J.M. Ist Class, Gopalganj. With this observation, the application is disposed off. Let the order be faxed to the learned court below at the cost of the petitioner. 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.