Case Facts:
Patna High Court Cr.Misc. No.5315 of 2012 (6) dt.18-12-2012 IN THE HIGH COURT OF JUDICATURE AT PATNA Criminal Miscellaneous No.5315 of 2012 ====================================================== Shashi Kant Chaubey .... .... Petitioner/s Versus The State Of Bihar .... .... Opposite Party/s ====================================================== CORAM: HONOURABLE MR. JUSTICE DINESH KUMAR SINGH ORAL ORDER 6 18-12-2012 Heard learned counsels for the petitioner and the State. The petitioner is apprehending arrest in a case registered for the offences punishable under [STATUTE] . It is alleged that oil was supplied to the informant’s firm and Rs.7,04,583 was not paid when Rs.100000 through cheque was paid by the petitioner which was received by the counsel for the informant on 11.9.2012. Considering the nature of accusation , let the above named petitioner be released on provisional anticipatory bail for one year 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, Patna in connection with Jakkanpur P.S. Case No. 265 of 2011 subject to the conditions as laid down under Section 438(2) Patna High Court Cr.Misc. No.5315 of 2012 (6) dt.18-12-2012 Cr.P.C. The provisional bail of the petitioner will be confirmed by the learned court below if both the sides reconcile the issue within one year. 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.