IPCChapter XVII

S. 381

Theft by clerk or servant of property in possession of master

Description

Whoever, being a clerk or servant, or being employed in the capacity of a clerk or servant, commits theft in respect of any property in the possession of his master or employer, shall be punished with imprisonment of either description for a term which may extend to seven years, and shall also be liable to fine.

Classification u/schedule 1 CrPC

Offence

Punishment

Theft by clerk or servant of property in possession of master or employer

7 Years + Fine

Cognizance

Bail

Triable By

Cognizable

Non-Bailable

Any Magistrate

Composition u/s 320 CrPC

Offence is Compoundable by

The owner of the property stolen, with the permission of the Court