Case Facts:
IN THE HIGH COURT OF JUDICATURE AT PATNA Criminal Miscellaneous No.26135 of 2012 ====================================================== Manoj Kumar .... .... Petitioner/s Versus The State Of Bihar .... .... Opposite Party/s ====================================================== CORAM: HONOURABLE MR. JUSTICE DINESH KUMAR SINGH ORAL ORDER 2 27-07-2012 Heard learned counsels for the petitioner and the State. The petitioner is apprehending arrest in a complaint case in which cognizance has been taken under [STATUTE] . It is alleged that in the year 1999, Rs. 25,000/- was invested by the complainant in Sahara India in the anticipation of getting seven times return. It is further alleged that in year 2002, the complainant was in need of money when he entrusted the petitioner to withdraw the amount subsequently petitioner withdrew the amount and transfer the same into his account. It is submitted by learned counsel for the petitioner being the brother-in-law of the complainant that for the accusation of 2002-03, the complaint was filed in the year 2008. Considering the delayed lodging of the complaint, let above named petitioner be released on anticipatory bail, in the event of arrest or surrender before the Court below within a period Patna High Court Cr.Misc. No.26135 of 2012 (2) dt.27-07-2012 2/2 of 12 weeks from today, on furnishing bail bond of Rs. 10,000/- (ten thousand) with two sureties of the like amount each to the satisfaction of the learned Judicial Magistrate, 1st Class, Muzaffarpur in connection with Complaint Case No. 164 of 2008, subject to the conditions as laid down under Section 438(2) Cr.P.C. 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.