Case Facts:
Patna High Court Cr.Misc. No.8591 of 2012 (2) dt.02-03-2012 IN THE HIGH COURT OF JUDICATURE AT PATNA Criminal Miscellaneous No.8591 of 2012 ====================================================== Mahendra Prasad .... .... Petitioner/s Versus The State Of Bihar .... .... Opposite Party/s CORAM: HONOURABLE MR. JUSTICE HEMANT KUMAR SRIVASTAVA ORAL ORDER 02/ 02.03.2012 Heard learned counsel for the petitioner as well as learned Addl. Public Prosecutor for the State. Petitioner is in jail custody since 12.12.2011 in a case registered under [STATUTE] . Admittedly, at the relevant time, petitioner was working as assistant post master and allegedly, he facilitated co-accused Pramod Kumar Rai in withdrawal of the amount from the account of the informant and, therefore, it is apparent that it was co-accused Pramod Kumar Rai who withdrew the amount from the account of the informant. Considering the aforesaid facts and circumstances as well as submissions of the parties, let the petitioner, Mahendra Prasad, be released on bail on furnishing bail bonds of Rs 10,000/- with two sureties of the like amount each to the satisfaction of the Chief Judicial Magistrate, Munger in East Colony P.S. Case no. 04/2011. Shahid (Hemant Kumar Srivastava,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.