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Section 30 - Indian Penal Code, 1860
Indian Penal Code, 1860
30. "Valuable security"
The words "valuable security" denote a document which is, or purports to be, a document whereby any legal right is created, extended, transferred, restricted, extinguished or released, or where by any person acknowledges that he lies under legal liability, or has not a certain legal right.
Illustration
A writes his name on the back of a bill of exchange. As the effect of this endorsement is transfer the right to the bill to any person who may become the lawful holder of it, the endorsement is a "valuable security".
Related Sections
- Section 288: Negligent conduct with respect to pulling down or repairing buildings
- Section 397: Robbery, or dacoity, with attempt to cause death or grievous hurt
- Section 421: Dishonest or fraudulent removal or concealment of property to prevent distribution among creditors
- Section 205: False personation for purpose of act or proceeding in suit or prosecution
- Section 154: Owner or occupier of land on which an unlawful assembly is held
Related Acts
* Only for reference.