Case Facts:
Patna High Court Cr.Misc. No.10146 of 2012 (3) dt.12-03-2012 IN THE HIGH COURT OF JUDICATURE AT PATNA Criminal Miscellaneous No.10146 of 2012 ====================================================== Bechan Thakur, son of Upendra Thakur, Ex-Mukhiya, Panchayat Sahoriya West, resident of Village- Bakhari, Sahoo Toa, Police Station- Sour Bazar, District- Saharsa. .... .... Petitioner. Versus The State of Bihar .... .... Opposite Party. For the State :- Mr. Shardanand Jha, A.P.P. CORAM: HONOURABLE MR. JUSTICE GOPAL PRASAD ORAL ORDER 3 12-03-2012 Heard learned counsel for the petitioner and learned counsel for the State. The petitioner has been arrested in connection with Sour Bazar P.S. Case No. 245 of 2011, registered under [STATUTE] . It is alleged that petitioner has defalcated the fund of Kabir Antyeshthi Yojna. It is alleged that on primary enquiry the petitioner has been found guilty. The petitioner is in jail custody since 19. 10. 2011. Under the above facts and circumstances of the case the above named petitioner is directed to be released on bail on furnishing bail bond of Rs. 10,000/- (Ten thousand) with two sureties of the like amount each to the satisfaction of Chief Judicial Magistrate, Saharsa, in connection with Sour Bazar P.S. Case No. 245 of 2011, subject to condition that petitioner shall appear on each and every date fixed in this case and shall cooperate with the police during investigation as and when required and on submission of charge sheet he will appear on the date of framing of the charge and in any absence shall be ground for cancellation of his bail bond to the satisfaction of the court below. m.p. (Gopal Prasad, 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.