Case Facts:
IN THE HIGH COURT OF JUDICATURE AT PATNA Criminal Miscellaneous No.33235 of 2012 ====================================================== Manoj Kumar Thakur .... .... Petitioner/s Versus The State Of Bihar .... .... Opposite Party/s ====================================================== with Criminal Miscellaneous No.33359 of 2012 ====================================================== 1. Prabhat Kumar 2. M. Ekka .... .... Petitioner/s Versus State Of Bihar & Anr .... .... Opposite Party/s ====================================================== CORAM: HONOURABLE MR. JUSTICE DINESH KUMAR SINGH ORAL ORDER 2 11-09-2012 Petitioners being policy holder, Branch Manager and employee of LIC are apprehending their arrest in a case registered for the offences punishable under [STATUTE] . It is alleged that policy amount of Rs. 10,000/- was adjusted and deposited in the policy of the petitioner Manoj Kumar Thakur by accused Bhushan Pandit. It is submitted by learned counsel appearing on behalf of Manoj Kumar Thakur that petitioner gave his premium amount to Bhushan Pandit, hence he can not be blamed for the accusation made against Bhushan Pandit. Considering the connivance of the Branch Manager of LIC and its employee, let petitioner Prabhat Kumar and M. Ekka, deposit Rs. 10,000/- each before learned Court below Patna High Court Cr.Misc. No.33235 of 2012 (2) dt.11-09-2012 2 / 2 2 which will be invested in some fixed deposit scheme which will be subject to the result of the case. Considering the aforesaid submissions, let the petitioners, above named, in the event of their arrest or surrender before the Court below within a period of 12 weeks from today, be released on anticipatory bail on furnishing bail bond of Rs. 10,000/-(ten thousand) each with two sureties of the like amount each to the satisfaction of learned Judicial Magistrate, 1st Class, Khagaria in connection with Complaint Case No. 1601(C ) of 2009. Shageer/- (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.