Case Facts:
IN THE HIGH COURT OF JUDICATURE AT PATNA Criminal Miscellaneous No.27001 of 2012 ====================================================== Dina Nath Prasad .... .... Petitioner/s Versus The State Of Bihar .... .... Opposite Party/s ====================================================== CORAM: HONOURABLE MR. JUSTICE DINESH KUMAR SINGH ORAL ORDER 4 02-11-2012 Heard learned counsels for the petitioner and the State. The petitioner is apprehending arrest in a complaint case in which cognizance has been taken under [STATUTE] and Section 138 of the N.I. Act. It is alleged that the accused persons took Rs. 2,50,000/- on 21.08.2005 for executing the sale deed but neither the sale deed was executed nor the money was returned. The petitioner undertakes to submit a draft of Rs. 90,000/- before the learned court below within a period of four months which will be released in favour of the complainant on filing of affidavit by the complainant that he will not claim anything in future against this petitioner. The offer of the petitioner is acceptable to the counsel appearing on behalf of the complainant. Considering the aforesaid facts, let the above named petitioner be released on anticipatory bail, in the event of arrest or Patna High Court Cr.Misc. No.27001 of 2012 (4) dt.02-11-2012 2/2 surrender before the learned Court below within a period of 12 weeks from today, on furnishing bail bond of Rs. 10,000/- (ten thousand) with two sureties of the like amount each to the satisfaction of the learned Chief Judicial Magistrate, Patna in connection with Complaint Case No. 706C of 2008, subject to the conditions as laid down under Section 438(2) Cr.P.C. Amrendra/- (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.