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.
Section 320: Dishonest or fraudulent removal or concealment of property to prevent distribution among creditors.
The Bharatiya Nyaya Sanhita, 2023Central Act · Act 45 of 2023
Where this provision sits
| Act | The Bharatiya Nyaya Sanhita, 2023 |
|---|---|
| Section | 320 |
| Marginal note | Dishonest or fraudulent removal or concealment of property to prevent distribution among creditors. |
| Jurisdiction | Central |
| Status | In force as published by the source |
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