Indian Penal Code (IPC) S. 423. Dishonest or fraudulent execution of deed of transfer containing false statement of consideration.
423. Dishonest or fraudulent execution of deed of transfer containing false statement of consideration.—Whoever dishonestly or fraudulently signs, executes or becomes a party to any deed or instrument which purports to transfer or subject to any charge, any property, or any interest therein, and which contains any false statement relating to the consideration for such transfer or charge, or relating to the person or persons for whose use or benefit it is really intended to operate, shall be punished with imprisonment of either description for a term which may extend to two years, or with fine, or with both.
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More details about this Section |
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Cognizable or not? |
Non-cognizable |
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Whether Bailable? |
Bailable |
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Compoundable or not? |
Compoundable by the person affected thereby |
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Triable by whom? |
Any Magistrate |
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