IN THE HIGH COURT OF JUDICATURE AT PATNA Cr.Misc. No.15645 of 2011 PAWAN KUMAR SINGH Versus THE STATE OF BIHAR ----------- 02/ 26.05.2011 Heard learned counsel for the petitioner as well as learned P.P. for the State. It appears from perusal of the first information report that in course of business transaction, the petitioner issued a cheque of Rs 3,51,000/- but when the aforesaid cheque was presented before the concerned bank, same became bounced. There is case and counter case between the parties and there is allegation and counter allegation between them. Moreover, section 138 of the Negotiable Instrument Act is bailable and so far as application of sections 406 and 420 of the IPC is concerned, considering the allegation and counter allegation between the parties, let the petitioner, Pawan Kumar Singh, 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, Vaishali at Hajipur in Hajipur Town P.S. Case no.363/2010. shahid (Hemant Kumar Srivastava,J)