IPC Section 422

Indian Penal Code

US
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IPCChapter XVII

S. 422

Dishonestly or fraudulently preventing debt being available for creditors

Description

Whoever dishonestly or fraudulently prevents any debt or demand due to himself or to any other person from being made available according to law for payment of his debts or the debts of such other person, shall be punished with imprisonment of either description for a term which may extend to two years, or with fine, or with both.

Classification u/schedule 1 CrPC

Offence

Punishment

Fraudulently preventing from being made available for his creditors a debt or demand due to the offender

2 Years or Fine or Both

Cognizance

Bail

Triable By

Non-Cognizable

Bailable

Any Magistrate

Composition u/s 320 CrPC

Offence is Compoundable by

The creditors who are affected thereby

By Raman Devgan
Updated: 15 Aug 2018
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