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 two years, or with fine, or with both.
Section 423: Dishonest or fraudulent execution of deed of transfer containing false statement of consideration
The Indian Penal Code, 1860Central Act · Act 45 of 1860
Repealed. This text is published for reference. It is not in force, and it should not be relied on as current law without checking what replaced it. Repealed by the Bharatiya Nyaya Sanhita, 2023, with effect from 1 July 2024
Where this provision sits
| Act | The Indian Penal Code, 1860 |
|---|---|
| Section | 423 |
| Marginal note | Dishonest or fraudulent execution of deed of transfer containing false statement of consideration |
| Jurisdiction | Central |
| Status | Repealed |
| Judgments citing it | 6 |
Judgments that turned on this provision
- Cr.M.P./1110/2023 of CARE HEALTH INSURANCE LIMITED REPRESENTED THROUGH ITS MANAGER (LEGAL) MR PARTH ARORA Vs THE STATE OF JHARKHANDHigh Court of Jharkhand · 2025-11-18
- APEAL/40/1999 of MOHD.AYYUB ABDUL KHADER Vs ZAHOORA BEGUM ABDUL GAFOOR and ORS.Bombay High Court · 2009-11-20
- CR.RA/1070/1991 of MANGANLAL SAVJI Vs PRABHUDAS VALLABHDASHigh Court of Gujarat · 2000-10-13
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