Case Facts:
Patna High Court Cr.Misc. No.32818 of 2012 (2) dt.31-08-2012 IN THE HIGH COURT OF JUDICATURE AT PATNA Criminal Miscellaneous No.32818 of 2012 ====================================================== Sunil Kumar, son of Sri Jagdish Prasad Sharma, resident of Rajeev Nagar, P.S. Rajeev Nagar, District- Patna, Prop. of M/S Idol Pharmaceuticals, Rajeev Nagar, Patna. .... .... Petitioner. Versus The State of Bihar .... .... Opposite Party. CORAM: HONOURABLE MR. JUSTICE GOPAL PRASAD ORAL ORDER 2 31-08-2012 Heard learned counsel for the petitioner and learned counsel for the State. The petitioner has been arrested in connection with Kadamkuan P.S. Case No. 242 of 2012 registered under [STATUTE] and Section 27(b) (ii) and 28 (A) of Drugs and Cosmetic Act. It is alleged that only material against the petitioner that when the police raided the garage of the petitioner there was found some physician samples. The petitioner is in jail custody since 19.06.2012. Having regard to the facts and circumstances of the case, the above named petitioner is directed 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 S.D.J.M., Patna in connection with KadamkuanP.S. Case No242 of 2012, subject to condition that one of the bailors shall be near relative of the petitioner. 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.