Case Facts:
Patna High Court Cr.Misc. No.27016 of 2011 (7) dt.27-06-2012 IN THE HIGH COURT OF JUDICATURE AT PATNA Criminal Miscellaneous No.27016 of 2011 ====================================================== 1. Sanjay Singh @ Sanjay Kumar Singh , son of Raghunath Singh. 2. Dhiraj Kumar Prasad @ Dhiraj Prasad, S/o Late Ramniwash Prasad. Both are of R/o Q. No. 23/20 Govt. Colony, P.S. R.C.L., Gomia, District- Bokaro. .... .... Petitioners. Versus The State of Bihar .... .... Opposite Party. ====================================================== Appearance : For the Petitioner/s : Mr. For the Opposite Party/s : Mr. ====================================================== CORAM: HONOURABLE MR. JUSTICE GOPAL PRASAD ORAL ORDER 7 27-06-2012 Heard learned counsel for the petitioners and learned counsel for the State. The petitioners are apprehending their arrest in connection with Complaint Petition bearing No. 588 of 2009 arising out of Aurangabad P.S. Case No. 309 of 2009, registered under [STATUTE] . Learned counsel for the petitioners submits that case of the petitioners and the complainant is on same footing. The petitioners are Advisors of O.P.C.L., Aurangabad, whereas complainant is Senior Advisor of the said company. Having regard to the facts and circumstances of the case, the above named petitioners in the event of their arrest/surrender within a period of four weeks from the date of receipt of order Patna High Court Cr.Misc. No.27016 of 2011 (7) dt.27-06-2012 shall be released on bail on furnishing bail bond of Rs. 10,000/- (Ten thousand) each with two sureties of the like amount each to the satisfaction of the Chief Judicial Magistrate, Aurangabad, in connection with Aurangabad P.S. Case No. 309 of 2009, arising out of Complaint Petition No. 588 of 2009, subject to condition as laid down under Section 438 (2) of Cr.P.C. with a further condition that petitioners will cooperate with the police during investigation and produced themselves as and when required during investigation. However, any material found against these petitioners during investigation and charge sheet submitted against these petitioners then petitioners shall surrender and prayed for regular bail. m.p. (Gopal Prasad, J)

Applicable IPC Section: 467

Statute Text:
Section 467 of the Indian Penal Code. Forgery of a valuable security, will or authority to make or transfer any valuable security, or to receive any money, etc. Whoever forges a document which purports to be a valuable security or a will, or an authority to adopt a son, or which purports to give authority to any person to make or transfer any valuable security, or to receive the principal, interest or dividends thereon, or to receive or deliver any money, movable property, or valuable security, or any document purporting to be an acquittance or receipt acknowledging the payment of money, or an acquittance or receipt for the delivery of any movable property or valuable security, shall be punished with imprisonment for life, or with imprisonment of either description for a term which may extend to ten years, and shall also be liable to fine.