Case Facts:
Patna High Court Cr.Misc. No.39879 of 2011 (5) dt.03-05-2012 IN THE HIGH COURT OF JUDICATURE AT PATNA Criminal Miscellaneous No.39879 of 2011 ====================================================== Shashi Kumar Soni @ S.K. Soni, S/o Shri Harmesh Kumar Soni, R/o A- 546, Sector 19, Noida, Uttar Pradesh, at present R/o A-40, Ramnath City, Near PAC, Rajgarh, Jhansi- 284001, Uttar Pradesh. .... .... Petitioner. Versus The Union of India Through C.B.I. .... .... Opposite Party. ====================================================== Appearance : For the Petitioner/s : Mr. For the Opposite Party/s : Mr. ====================================================== CORAM: HONOURABLE MR. JUSTICE GOPAL PRASAD ORAL ORDER 5 03-05-2012 Heard learned counsel for the petitioner and learned counsel for the State. The petitioner is apprehending his arrest in connection with Special Case No. 28 of 2004, registered under [STATUTE] and Section 13(1) (d) read with 13(2) of Prevention of Corruption Act. The allegation against the petitioner is that he is in conspiracy with co-accused J. Ganguly and Brigadier Satish Kapoor with huge defalcation of money. Learned counsel for the petitioner submits that main accused J. Ganguly and Brigadier Satish Kapoor have already been granted bail by this Court and only allegation against the petitioner is that he is conspirator. Having regard to the facts and circumstances, the above Patna High Court Cr.Misc. No.39879 of 2011 (5) dt.03-05-2012 named petitioner in the event of his arrest/surrender within a period of four weeks from today shall be released on bail on furnishing bail bond of Rs. 10,000/- (Ten thousand) with two sureties of the like amount each to the satisfaction of the Special Judge, C.B.I., Patna, in connection with Special Case No. 28 of 2004, arising out of R.C. Case No. 7 (S) of 2004, subject to condition as laid down under Section 438 (2) of Cr.P.C. with a further condition that two bailors will be near relatives like, father, son, wife, brother and brother-in-law of the petitioner and petitioner will not change his address and any change of address will be communicated to the court concerned and will appear at the stage of receiving police papers and at the time of framing of charge and petitioner will be represented in the case on each and every date fixed in this case any absence of the petitioner will be subject to satisfaction of the court below on reasonable ground and petitioner will not leave the country without prior permission of the court. m.p. (Gopal Prasad, 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.