Case Facts:
Patna High Court Cr.Misc. No.14822 of 2012 (2) dt.23-04-2012 IN THE HIGH COURT OF JUDICATURE AT PATNA Criminal Miscellaneous No.14822 of 2012 ====================================================== Satish Chandra Srivastava .... .... Petitioner/s Versus The State Of Bihar .... .... Opposite Party/s ====================================================== CORAM: HONOURABLE MR. JUSTICE DINESH KUMAR SINGH ORAL ORDER 2 23-04-2012 Heard learned counsels for the petitioner, complainant and the State. The petitioner is apprehending arrest in a case registered for the offences under [STATUTE] . It is alleged by the complainant that rupees two lacs were taken cash and rupees one lac was deposited in the account of the petitioner. Said money was given as loan but the same was not returned. It is submitted that the cash amount was never given and money deposited in the account was given to the complainant. The petitioner undertakes to deposit one lac rupees before the learned court below which will be invested in some fixed deposit scheme by the learned court below in connection with the present case which will be subject to the result of the case. On deposit of the aforesaid amount, let the above Patna High Court Cr.Misc. No.14822 of 2012 (2) dt.23-04-2012 named petitioner be released on anticipatory bail in the event of arrest or surrender before the learned Court below within a period of 12 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 the learned Chief Judicial Magistrate, Kaimur at Bhabua in connection with Complaint Case No. 963 of 2011 subject to the conditions as laid down under Section 438(2) Cr.P.C. 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.