Case Facts:
Patna High Court Cr.Misc. No.42460 of 2012 (2) dt.12-12-2012 IN THE HIGH COURT OF JUDICATURE AT PATNA Criminal Miscellaneous No.42460 of 2012 ====================================================== Ravindra Kumar .... .... Petitioner/s Versus The State Of Bihar .... .... Opposite Party/s ====================================================== CORAM: HONOURABLE MR. JUSTICE DINESH KUMAR SINGH ORAL ORDER 2 12-12-2012 Heard learned counsels for the petitioner and the State. The petitioner is apprehending arrest in a case registered for the offences punishable under [STATUTE] and section 138 of the N.I. Act. It is alleged that Rupees one lac given in cash and Rupees one lac through banking transaction were deposited in the account of the petitioner for the purpose of sharing property in the contract work. It is submitted that rupees one lac was given to the petitioner out of which Rs.25000 and Rs.15000 were deposited in the account of the informant. The receipt has been brought on record as Annexure 2 when the informant gave receiving of Rs.20000 cashwhich has been brought on record as Annexure 3 and petitioner undertakes to return rest of Rs.40000 by depositing the same in the court below which will be released by the learned court below in favour of the informant in case the informant files Patna High Court Cr.Misc. No.42460 of 2012 (2) dt.12-12-2012 an application that he will withdraw the case else the said money will be invested in some fixed deposit scheme which will be subject to the result of the case. Considering the aforesaid facts, let the above named petitioner be released on anticipatory bail in the event of arrest or surrender before the learned Court below within a period of twelve 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 learned CJM, Kaimur at Bhabua in connection with Kuchhila P.S. Case No. 18 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.