Case Facts:
IN THE HIGH COURT OF JUDICATURE AT PATNA Criminal Miscellaneous No.17 of 2012 Babloo Kumar Versus The State Of Bihar ---------------------------------- 2/ 5.1.2012 Heard learned counsels for the petitioner and the State. The petitioner is apprehending his arrest in a case registered under [STATUTE] and section 138 of the N.I. Act. It is alleged that the father of the petitioner borrowed rupees two lacs from the informant on promise to return the same within four months and subsequently, two cheques were issued by the father of the petitioner of rupees seventy thousand each, which subsequently, got bounced. When the informant brought the bounced cheques, the petitioner, admittedly, laughed at the informant. Considering the fact that the thrust of allegation is against the father of the petitioner, let the above named petitioner be released on bail in the event of arrest or surrender before the court below within a period of twelve weeks from today, on furnishing the bail bond of Rs.10000/(ten thousand) with two sureties of the like amount each to the satisfaction of C.J.M. Begusarai in Begusarai Town P.S. Case no. 146 of 2011 subject to the conditions as laid down under section 438(2) of the 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.