Case Facts:
Patna High Court Cr.Misc. No.32584 of 2012 (2) dt.05-09-2012 IN THE HIGH COURT OF JUDICATURE AT PATNA Criminal Miscellaneous No.32584 of 2012 ====================================================== 1. Shiv Chandra Singh S/O Kamal Singh Resident Of Village- Akbar Malahi, P.S.- Sarai, District- Vaishali. .... .... Petitioner/s Versus 1. The State Of Bihar .... .... Opposite Party/s ====================================================== CORAM: HONOURABLE MR. JUSTICE ASHWANI KUMAR SINGH ORAL ORDER 2 05-09-2012 Heard learned counsel for the petitioner and learned counsel for the State. The petitioner is in custody since 29.7.2011 in connection with a case instituted under [STATUTE] . His prayer for bail was rejected earlier by this court by order dated 6.1.2012 passed in Cr.Misc. No.597 of 2012 giving him liberty to renew his prayer for bail after seven months if the trial is not concluded within that period. It is stated that till date only one witness has been examined on behalf of the prosecution and another co-accused, namely, Umesh Pandit having identical allegation has already been granted bail by order dated 17.3.2008 passed in Cr.Misc. No.6283 of 2008 by another Bench of this court. Be that as it may, considering the facts and circumstances of the case, the petitioner, named above, is directed Patna High Court Cr.Misc. No.32584 of 2012 (2) dt.05-09-2012 to be released on bail on furnishing bail bonds of Rs.10,000/- (ten thousand) with two sureties of the like amount each to the satisfaction of J.M., 1st Class, Patna in connection with Kotwali P.S. Case No.7 of 2007. Md.S./- (Ashwani Kumar Singh, 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.