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Section 423 - Dishonest or fraudulent execution of deed of transfer containing false statement of consideration | Indian Penal Code, 1860 vs The Bharatiya Nyaya Sanhita, 2023 | LawFinder

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Indian Penal Code, 1860 Section 423The Bharatiya Nyaya Sanhita, 2023 Section 322

Indian Penal Code, 1860

Section 423

Dishonest or fraudulent execution of deed of transfer containing false statement of consideration

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Indian Penal Code, 1860

423. Dishonest or fraudulent execution of deed of transfer containing false statement of consideration

Whoever dishonestly or fraudulently signs, executes or becomes a party to any deed or instrument which purports to transfer or subject to any charge any property, or any interest there in, and which contains any false statement relating to the consideration for such transfer or charge, or relating to the person or persons for whose use or benefit it is really intended to operate, shall be punished with imprisonment of either description for a term which may extend to two years, or with fine, or with both.

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The Bharatiya Nyaya Sanhita, 2023

Section 322

Dishonest or Fraudulent execution of deed of transfer containing false statement of consideration

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The Bharatiya Nyaya Sanhita, 2023

322. Dishonest or Fraudulent execution of deed of transfer containing false statement of consideration.

Whoever dishonestly or fraudulently signs, executes or becomes a party to any deed or instrument which purports to transfer or subject to any charge any property, or any interest therein, and which contains any false statement relating to the consideration for such transfer or charge, or relating to the person or persons for whose use or benefit it is really intended to operate, shall be punished with imprisonment of either description for a term which may extend to three years, or with fine, or with both.

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322. Dishonest or fraudulent execution of deed of transfer containing false statement of consideration. (Change)