Case Facts:
IN THE HIGH COURT OF JUDICATURE AT PATNA Criminal Miscellaneous No.36774 of 2011 Jeevan Raha, S/O-Jeetendra Bhushan Raha Versus The State Of Bihar ---------------------------------- 03 13.01.2012 Heard learned counsel for the petitioner as well as learned Additional Public Prosecutor for the State. Petitioner is in jail custody since 17.07.2011 in a case registered under [STATUTE] . Allegedly, one Vijay Kumar and Neeva Verma issued cheque of rupees six lacs in the name of the petitioner which was encashed by the petitioner through his account. Later on, the aforesaid cheque was again produced before different branches of the concerned bank and then it was detected that the second cheque was a fake document. Learned counsel for the petitioner submits that in course of investigation, the statements of Vijay Kumar and Neeva Verma have not been recorded and, as a matter of fact, they had issued cheque in question in favour of the petitioner who, later on, withdrew the amount. Considering the aforesaid facts and circumstances as well as submissions of the parties, let the petitioner be released on bail on furnishing bail bonds of Rs. 10,000/- (Ten Thousand) with two sureties of the like amount each to the satisfaction of Chief Judicial Magistrate, Patna in connection with Kotwali P.S. Case No. 446 of 2009 subject 2 to condition that one of the sureties must be local. SHAHZAD ( Hemant Kumar Srivastava, J.)

Applicable IPC Section: 467

Statute Text:
Section 467 of the Indian Penal Code. Forgery of a valuable security, will or authority to make or transfer any valuable security, or to receive any money, etc. Whoever forges a document which purports to be a valuable security or a will, or an authority to adopt a son, or which purports to give authority to any person to make or transfer any valuable security, or to receive the principal, interest or dividends thereon, or to receive or deliver any money, movable property, or valuable security, or any document purporting to be an acquittance or receipt acknowledging the payment of money, or an acquittance or receipt for the delivery of any movable property or valuable security, shall be punished with imprisonment for life, or with imprisonment of either description for a term which may extend to ten years, and shall also be liable to fine.