Case Facts:
IN THE HIGH COURT OF JUDICATURE AT PATNA Criminal Miscellaneous No.9139 of 2012 ====================================================== 1. Nand Lal Chaudhary 2. Subodh Kumar Shahi .... .... Petitioner/s Versus The State Of Bihar .... .... Opposite Party/s ====================================================== CORAM: HONOURABLE MR. JUSTICE DINESH KUMAR SINGH ORAL ORDER 02/ 27-03-2012 Heard learned counsels for the petitioners and the State. The petitioners being the Headmaster and Branch Manager are apprehending their arrest in a complaint case in which cognizance has been taken for the offences punishable under [STATUTE] . The accusation is of withdrawing the money in 2007 by forging the signature of the complainant who is the Secretary of the School. It is submitted by learned counsel for the petitioners that the Block Education Officer filed Belsand P.S. Case No. 62 of 2008 with similar accusation when the accusation was found false and final form was submitted. It is further submitted that from Patna High Court Cr.Misc. No.9139 of 2012 (2) dt.27-03-2012 2/2 Annexure-5 it appears that Rs.1,71,891/- was deposited by the Principal in the account. It is submitted by learned counsel for the complainant that the final form was submitted since the informant of the police case connived with petitioner headmaster and the amount which was deposited by petitioner headmaster vide Annexure-5 reflects admission of the accusation by the petitioner headmaster. Considering the fact that for the same accusation final form was submitted by the police, let the above named petitioners be released on anticipatory bail in the event of their arrest or surrender before the learned court below within a period of twelve weeks from today, on furnishing bail bond of Rs.10,000/- (Ten thousand) each with two sureties of the like amount each to the satisfaction of learned Sub-divisional Judicial Magistrate, Sadar Sitamarhi in connection with Complaint Case No. C-I/801 of 2008, subject to the conditions as laid down under Section 438(2) of the Cr.P.C. DKS/ (Dinesh Kumar 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.