Home » India » Indian Penal Code 1860 » Section 421 Indian Penal Code (IPC) 1860

Section 421 Indian Penal Code (IPC) 1860

Section 421 Indian Penal Code

Section 421 of the Indian Penal Code 1860 is about Dishonest or fraudulent removal or concealment of property to prevent distribution among creditor. It is under ‘Of Fraudulent Deeds and Dispositions of Property’ of CHAPTER XVII (OF OFFENCES AGAINST PROPERTY) of the Code.

Dishonest or fraudulent removal or concealment of property to prevent distribution among creditor

Whoever dishonestly or fraudulently removes, conceals or delivers to any person, or transfers or causes to be transferred to any person, without adequate consideration, any property, intending thereby to prevent, or knowing it to be likely that he will thereby prevent, the distribution of that property according to law among his creditors or the creditors of any other person, shall be punished with imprisonment of either description for a term which may extend to two years, or with fine, or with both.

See also  Section 108A Indian Penal Code (IPC) 1860

More Posts

Facebook
Twitter
LinkedIn

Leave a Reply

Your email address will not be published. Required fields are marked *

LawGlobal Hub is your innovative global resource of law and more. We ensure easy accessibility to the laws of countries around the world, among others