Case Facts:
IN THE HIGH COURT OF JUDICATURE AT PATNA Criminal Miscellaneous No.132 of 2012 Niranjan Kumar Singh, S/o Shri Sachiddanand Singh, resident of Karpuri Market, near Tuntunia Gumti, Ward No. 17, P.O. & P.S.- Samastipur. ……….Petitioner. Versus The State of Bihar ……….Opp. Party. -------------------- 2 04.01.2012 Heard learned counsel for the petitioner and learned counsel appearing on behalf of the State. The petitioner apprehends his arrest in connection with a case in which cognizance has been taken of the offence punishable under [STATUTE] . It is contended that admittedly the petitioner is an agent working in an incorporated company registered under Indian Companies Act. The payment, if any, has been tendered either in the name of the company or to accused no. 1 Rakesh Kumar Agrawal. No payment has ever been tendered to the petitioner. It is also contended that a compromise petition has been filed in the court below on behalf of the complainant and offence under [STATUTE] is compoundable in nature. Considering the facts and circumstances of the case, let the petitioner, namely Niranjan Kumar Singh in the event of his arrest or surrender before the Court below within a period of four weeks from the date of receipt/communication of this order, be released on bail on furnishing bail bonds of Rs. 5,000/- (Five thousand only) with two sureties of the like amount each to the satisfaction of the learned A.C.J.M., Rosera, Samastipur in connection with Complaint Case 2 No. 217 of 2010 subject to the conditions as laid down under Section 438(2) Cr. P.C. Sanjeet/ (Ashwani Kumar Singh, J.)

Applicable IPC Section: 406

Statute Text:
Section 406 of the Indian Penal Code. Criminal breach of trust. Whoever commits criminal breach of trust shall be punished with imprisonment of either description for a term which may extend to three years, or with fine, or with both.