Case Facts:
Patna High Court Cr.Misc. No.15613 of 2012 (4) dt.18-12-2012 IN THE HIGH COURT OF JUDICATURE AT PATNA Criminal Miscellaneous No.15613 of 2012 ====================================================== Ajit Kumar Singh .... .... Petitioner/s Versus The State Of Bihar .... .... Opposite Party/s ====================================================== CORAM: HONOURABLE MR. JUSTICE DINESH KUMAR SINGH ORAL ORDER 4 18-12-2012 Heard learned counsels for the petitioner and the State. The petitioner being Ex-Secretary of School Education Committee is apprehending arrest in a case registered for the offences punishable under [STATUTE] . The accusation is of misappropriating Rs.1,22,010. It is submitted that the Headmaster was responsible for withdrawal for the withdrawal of money. The petitioner undertakes to deposit Rs.40000 in connection with the present case before the learned court below which will be invested in some fixed deposit scheme which will be subject to the result of the case. Considering the aforesaid facts, on deposit of the aforesaid amount, let the above named petitioner be released on anticipatory bail in the event of arrest or surrender before the learned Court below within a period of twelve weeks from today Patna High Court Cr.Misc. No.15613 of 2012 (4) dt.18-12-2012 on furnishing bail bond of Rs. 10,000/- (ten thousand) with two sureties of the like amount each to the satisfaction of learned CJM, Lakhisarai in connection with Piri Bazar P.S. Case No. 15 of 2011 subject to the conditions as laid down under Section 438(2) Cr.P.C. Anil/- (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.