Case Facts:
Patna High Court Cr.Misc. No.35617 of 2012 (3) dt.27-11-2012 IN THE HIGH COURT OF JUDICATURE AT PATNA Criminal Miscellaneous No.35617 of 2012 ========================================= Sunil Pathak @ Sunil Kumar Pathak, son of Sri Baleshwar Pathak .... .... Petitioner/s Versus The State Of Bihar .... .... Opposite Party/s ========================================= CORAM: HONOURABLE MR. JUSTICE AKHILESH CHANDRA ORAL ORDER 3 27-11-2012 Heard learned counsel for the petitioner and learned Additional Public Prosecutor for the State. This application has been filed for the grant of regular bail to the petitioner who has been made an accused in a case registered for the offences punishable under [STATUTE] and 138 of N.I. Act. The petitioner is one of the named accused in this case being office bearer of the commercial institution, agents of which intends negotiation with the informant for installation of X-Ray machine etc. and payment in their respective names and during transaction cheques issued by other authorities remain unpaid and petitioner as office bearers only had assured for negotiation of early settlement of disputes. The petitioner is in custody for about six months, whereas one of the recipient of the money Priyavrat Kumar @ Bablu has already been released by a Bench of this court vide order dated 28.10.2010 passed in Patna High Court Cr.Misc. No.35617 of 2012 (3) dt.27-11-2012 Cr. Misc. No. 26724/2010. Further petitioner carries no criminal antecedent. If, it is so, let the above named petitioner be enlarged on bail on furnishing bail bond of Rs. 10,000/- (ten thousand only) with two sureties of the like amount each to the satisfaction of Chief Judicial Magistrate, Sitamarhi, in connection with Sitamarhi P.S. Case No. 656/2009, with a condition to remain physically present before the court below on each and every date till disposal of the case, in case of failure on two consecutive dates without giving any reasonable explanation, the liberty granted shall be deemed to be cancelled. Rajeev/- (Akhilesh Chandra, 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.