Case Facts:
Patna High Court Cr.Misc. No.46012 of 2012 (2) dt.27-11-2012 IN THE HIGH COURT OF JUDICATURE AT PATNA Criminal Miscellaneous No. 46012 of 2012 ====================================================== Dharmdeo Prasad .... .... Petitioner/s Versus The State of Bihar .... .... Opposite Party/s ====================================================== CORAM: HONOURABLE MR. JUSTICE GOPAL PRASAD ORAL ORDER 2 27-11-2012 Heard learned counsel for the petitioner and learned counsel for the State. This is a petition for grant of regular bail in a case under [STATUTE] . There is allegation that Rs.3,35,000/- has been misappropriated by the petitioner in the purchase of bricks. Learned counsel for the petitioner submits that the petitioner was the Block Development Officer having retired in the year 2004 and he is in jail custody since 07.09.2012. However, taking into consideration there is irregularity in the work and the facts and circumstances of the case, the petitioner above named is ordered 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 the learned Chief Judicial Magistrate, Gopalganj in connection with Kateya P. S. Case No. 04 of 1990, subject to the condition that the petitioner shall appear in the case on each Patna High Court Cr.Misc. No.46012 of 2012 (2) dt.27-11-2012 and every date fixed by the court below and any absence of the petitioner shall be subject to the satisfaction of the court below on reasonable grounds. Kundan/- (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.