Case Facts:
Patna High Court Cr.Misc. No.38602 of 2012 (2) dt.10-10-2012 IN THE HIGH COURT OF JUDICATURE AT PATNA Criminal Miscellaneous No.38602 of 2012 ====================================================== Srikant Ram .... .... Petitioner/s Versus The State Of Bihar .... .... Opposite Party/s ====================================================== CORAM: HONOURABLE MR. JUSTICE DINESH KUMAR SINGH ORAL ORDER 2 10-10-2012 Heard learned counsels for the petitioner and the State. The petitioner is apprehending arrest in a case registered for the offences punishable under [STATUTE] . The accusation is of misappropriating old age pension of the beneficiaries from February, 2011 to April, 2011. It is submitted that total sum of alleged misappropriation is Rs.13,600 when the petitioner was not a person who disbursed the amount rather the petitioner was simply an Assistant of the Post Office. Statement has been made in paragraph 18 of the petition that the petitioner has no criminal antecedent. The petitioner undertakes to deposit Rs.13000 before the learned court below which will be invested in some fixed deposit scheme in connection with present case which will be subject to the result of the case. Considering the aforesaid facts, let the above named petitioner be released on anticipatory bail in the event of arrest or Patna High Court Cr.Misc. No.38602 of 2012 (2) dt.10-10-2012 surrender before the learned Court below within a period of twelve weeks from today on furnishing bail bond of Rs. 10,000/- (ten thousand) with two sureties of the like amount each to the satisfaction of learned CJM, Araria in connection with Araria P.S. Case No. 155 of 2012 subject to the conditions as laid down under Section 438(2) Cr.P.C. The bail bonds of the petitioner shall be accepted on deposit of the aforesaid amount. Anil/- (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.