Case Facts:
Patna High Court Cr.Misc. No.1576 of 2012 (3) dt.21-05-2012 IN THE HIGH COURT OF JUDICATURE AT PATNA Criminal Miscellaneous No.1576 of 2012 ====================================================== Md. Mohsin S/O Ajikhar @ Jamal Resident Of Sheikhpura, P.S- Bhawanipur, District- Purnea. .... .... Petitioner/s Versus The State Of Bihar .... .... Opposite Party/s ====================================================== Appearance : For the Petitioner/s : Mr. For the Opposite Party/s : Mr. ====================================================== CORAM: HONOURABLE MR. JUSTICE SAMARENDRA PRATAP SINGH ORAL ORDER 3 22-05-2012 The petitioner apprehends his arrest in a case lodged under [STATUTE] on the ground that he and others associated with a NGO, namely, Dream Infotech Company allured the informant and others for depositing money with them and after sometime they fled away with the money. The petitioner subunits that he was not an employee in the NGO and subsequently he also learnt that that the organization is a fake one. He submits that from the FIR itself it appears that the money has not been received by him and similarly situated co-accused Jagdish Prasad has already been allowed anticipatory bail by a bench of this Court vide order dated, passed in Cr.Misc.No. 1107/2012. Patna High Court Cr.Misc. No.1576 of 2012 (3) dt.21-05-2012 In the facts of the case, in the event of arrest/surrender, the petitioner Md. Mohsin be released on bail on his furnishing bail bond of Rs.3,000/-(three thousand) with two sureties of the like amount each to the satisfaction of the Chief Judicial Magistrate, Purnea in K.Hat (Sahayak) Police Station Case No. 130 of 2011. One of the sureties would be in form of cash surety. Shashi. (Samarendra Pratap 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.