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Section 421 - Dishonest or fraudulent removal or concealment of property to prevent distribution among creditors | Indian Penal Code, 1860 vs The Bharatiya Nagarik Suraksha Sanhita, 2023 | LawFinder

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Indian Penal Code, 1860 Section 421The Bharatiya Nagarik Suraksha Sanhita, 2023 Section 320

Indian Penal Code, 1860

Section 421

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

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Indian Penal Code, 1860

421. Dishonest or fraudulent removal or concealment of property to prevent distribution among creditors

Whoever dishonestly or fraudulently removes, conceals or delivers to any person, or transfer 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.

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The Bharatiya Nagarik Suraksha Sanhita, 2023

Section 320

Dishonest or Fraudulent removal or concealment of property to prevent distribution among creditors

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The Bharatiya Nyaya Sanhita, 2023

320. Dishonest or Fraudulent removal or concealment of property to prevent distribution among creditors.

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 shall not be less than six months but which may extend to two years, or with fine, or with both.

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320. Dishonest or fraudulent removal or concealment of property to prevent distribution among creditors. (Change)