Case Facts:
Patna High Court Cr.Misc. No.14508 of 2012 (3) dt.31-05-2012 IN THE HIGH COURT OF JUDICATURE AT PATNA Criminal Miscellaneous No.14508 of 2012 ====================================================== Sarwan Kumar, S/o Shyam Bihari Singh, resident of Village- Bharub, P.S. Obra, District- Aurangabad. .... .... Petitioner. 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 3 31-05-2012 Heard learned counsel for the petitioner and learned counsel for the State. The petitioner is apprehending his arrest in connection with Khudwan P.S. Case No. 37 of 2011, registered under [STATUTE] . It is alleged that Rs. 42, 389/- has been withdrawn from the Post Office out of accounts of ten labourers. The petitioner is Panchayat Secretary and his duty to make job card and distribute to the labourers under “MANREGA” Scheme. However, it is alleged that one Umesh Kumar Verma in connivance with Post Master has withdrawn Rs.42,389/- on the accounts of the ten labourers from the Post Office. The petitioner who is Panchayat Secretary and Mukhiya were instrumental for taking out the money from the Post Office by fraudulently. Patna High Court Cr.Misc. No.14508 of 2012 (3) dt.31-05-2012 Learned counsel for the petitioner submits that there is no specific allegation attributed to the petitioner. Having regard to the facts and circumstances of the case, above named petitioner in the event of his arrest/surrender within a period of four weeks from today, shall 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 S.D.J.M., Daudnagar, District- Aurangabad, in connection with Khudwan P.S. Case No. 37 of 2011, subject to condition as laid down under Section 438 (2) of Cr.P.C, with a further condition that petitioner shall cooperate with the police during investigation. However, any incriminating material found against the petitioner and charge sheet is submitted then petitioner shall surrender and pray 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.