Case Facts:
IN THE HIGH COURT OF JUDICATURE AT PATNA Criminal Miscellaneous No.37005 of 2012 ====================================================== 1. Santosh Jha 2. Mukund Singh @ Mukund Kumar Singh. .... .... Petitioner/s Versus The State Of Bihar .... .... Opposite Party/s ====================================================== CORAM: HONOURABLE MR. JUSTICE DINESH KUMAR SINGH ORAL ORDER 2 28-09-2012 Heard learned counsels for the petitioners and the State. The petitioners are apprehending arrest in a case registered for the offences punishable under [STATUTE] . It is alleged by the informant that the petitioner suggested him to open a computer institute through Global Arbon Rural Development Society situated at Pilibhit, Bareli (U.P.) when it was suggested that one rupee charge will be taken from each student when the informant would get Rs. 5/- each student and other expenses will be born by the company when petitioner no.1 claimed himself to be Assistant Manager and petitioner no.2 as member of the said organization when petitioner no.1 took Rs. 1,600/- cash and a Bank Draft of Rs.50,000/- on the promise that money would be returned but neither the computer was supplied nor the money was returned. It is submitted by learned counsel for the petitioners that Patna High Court Cr.Misc. No.37005 of 2012 (2) dt.28-09-2012 2/2 the money was not given to the petitioners and the company is at Pilibhit hence, Hajipur jurisdiction has not entered into the case. Petitioners are ready to deposit Rs. 50,000/- before the learned court below within a period of three months will be invested in some fix deposit scheme in connection with present case which will be subject to the result of the case. Considering the aforesaid facts, let the above named petitioners be released on anticipatory bail, in the event of arrest or surrender before the learned Court below within a period of 12 weeks from today, on furnishing bail bond of Rs. 10,000/- (ten thousand) each with two sureties of the like amount each to the satisfaction of the learned Chief Judicial Magistrate, Vaishali in connection with Hajipur Sadar P.S. Case No. 386 of 2009, subject to the conditions as laid down under Section 438(2) Cr.P.C. The bail bonds of the petitioners will be provisionally accepted till deposit of the aforesaid amount. 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.