The Indian Penal Code

Dishonest or fraudulent removal or concealment of property to prevent distribution among creditor

Dishonestly or fraudulently preventing debt being available for creditors

Dishonest or fraudulent execution of deed of transfer containing false statement of consideration

Dishonest or fraudulent removal or concealment of property


Of Fraudulent Deeds and Dispositions of Property


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 may extend to two years, or with fine, or with both.

LAWGIST

# 421 Dishonest or fraudulent removal or concealment of property to prevent distribution among creditor