Case Facts:
IN THE HIGH COURT OF JUDICATURE AT PATNA Criminal Miscellaneous No.529 of 2012 ====================================================== Dharmendra Kumar Choudhary .... .... Petitioner/s Versus 1. The State Of Bihar 2. Ram Babu Jha .... .... Opposite Party/s ====================================================== CORAM: HONOURABLE MR. JUSTICE DINESH KUMAR SINGH ORAL ORDER 04/ 05-09-2012 Heard learned counsels for the petitioner and the State. The petitioner is apprehending his arrest in a complaint case in which cognizance has been taken for the offences punishable under [STATUTE] . It is alleged that the complainant gave Rs. Three Lakhs to the petitioner for investment in the contract work on equal profit sharing but neither the profit was shared nor the money was returned. The notices were issued to the complainant on 06.01.2012 but in spite of the valid service of notice none is appearing on behalf of the complainant. It is submitted by learned counsel for the petitioner that there is no proof with regard to the Patna High Court Cr.Misc. No.529 of 2012 (4) dt.05-09-2012 2/2 payment. Considering the aforesaid facts, let the above named petitioner be released on anticipatory bail in the event of his 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) with two sureties of the like amount each to the satisfaction of learned Chief Judicial Magistrate, Samastipur in connection with Complaint Case No. 857 of 2010, Tr. No. 1812 of 2011, 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.