IPC Section 418

Indian Penal Code

US
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IPCChapter XVII

S. 418

Cheating with knowledge that wrongful loss may ensue to person whose interest offender is bound to protect

Description

Whoever cheats with the knowledge that he is likely thereby to cause wrongful loss to a person whose interest in the transaction to which the cheating relates, he was bound either by law, or by legal contract, to protect, shall be punished with imprisonment of either description for a term which may extend to three years, or with fine, or with both.

Classification u/schedule 1 CrPC

Offence

Punishment

Cheating a person whose interest the offender was bound, either by law or by legal contract, to protect

3 Years or Fine or Both

Cognizance

Bail

Triable By

Non-Cognizable

Bailable

Any Magistrate

Composition u/s 320 CrPC

Offence is Compoundable by

The person cheated, with the permission of the Court

By Raman Devgan
Updated: 31 Oct 2022
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