Case Facts:
IN THE HIGH COURT OF JUDICATURE AT PATNA Criminal Miscellaneous No.20980 of 2012 ====================================================== Md. Gulam Sarwar @ Gulam Sarwar .... .... Petitioner/s Versus The State Of Bihar .... .... Opposite Party/s ====================================================== CORAM: HONOURABLE MR. JUSTICE DINESH KUMAR SINGH ORAL ORDER 2 26-06-2012 Petitioner is apprehending his arrest in a case registered for the offences punishable under [STATUTE] . It is alleged that petitioner along with one co- accused Sakil Ansari took Rs. 72,000/- of the informant for investment in share market and subsequently the money was not returned. It is submitted by learned counsel for the petitioner that co-accused was the Branch Manager of the local branch of M/S M.C. Limited and informant has entered into a compromise with the co-accused and on that basis co-accused has been granted anticipatory bail by learned Court below vide A.B.P. No. 437 of 2012. Considering the same, let the petitioner namely Md. Gulam Sarwar @ Gulam Sarwar, in the event of his arrest Patna High Court Cr.Misc. No.20980 of 2012 (2) dt.26-06-2012 2 / 2 2 or surrender before the Court below within a period of 12 weeks from today, be released on anticipatory bail on furnishing bail bond of Rs. 10,000/-(ten thousand) with two sureties of the like amount each to the satisfaction of learned Chief Judicial Magistrate, Sasaram, Rohtas in connection with Dehri P.S. Case No. 280 of 2011. Shageer/- (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.