Case Facts:
IN THE HIGH COURT OF JUDICATURE AT PATNA Criminal Miscellaneous No.8542 of 2012 ====================================================== Shakti Kumar Das .... .... Petitioner/s Versus The State Of Bihar .... .... Opposite Party/s ====================================================== CORAM: HONOURABLE MR. JUSTICE DINESH KUMAR SINGH ORAL ORDER 2 21-03-2012 Heard learned counsels for the petitioner and the State. The petitioner is languishing in jail since 30.6.2011 in a case registered for the offences punishable under [STATUTE] . It is alleged against the petitioner who was the Branch Manager of the non-banking institution, namely, Rastriya Swarmim Rozgar mission (Star Maker), who misappropriated the money of the investors. In paragraph 12 of the petition, it has been stated that the petitioner has no criminal antecedent. Considering the aforesaid facts, let the above named petitioner be released on bail on furnishing bail bond of Rs. 10,000/- (ten thousand) with two sureties of the like Patna High Court Cr.Misc. No.8542 of 2012 (2) dt.21-03-2012 2 / 2 2 amount each to the satisfaction of the learned S.D.J.M. Purnea in K. Hat (Madhubani) P.S. Case No. 257 of 2011. 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.