BNS Section 320

Bharatiya Nyaya Sanhita

US
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BNSChapter XVII

S. 320

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

Description

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.

BNSS Classification

  • Imprisonment of not be less than 6 months but which may extend to 2 years, or fine, or both.
  • Non-cognizable
  • Bailable
  • Triable by Any Magistrate.

By Raman Devgan
Updated: 07 Nov 2024
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