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SECTION 421 IPC - Indian Penal Code - Dishonest or fraudulent removal or concealment of property to prevent distribution among creditors
Last Updated: 01 Mar, 2023
By Advocate Chikirsha Mohanty
Table of Contents
Description of IPC Section 421
According to section 421 of Indian penal code, 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.
| Offence | Punishment | Cognizance | Bail | Triable |
|---|---|---|---|---|
| Fraudulent removal or concealment of property etc., to prevent distribution among creditors | 2 Years or Fine or Both | Non-Cognizable | Bailable | Any Magistrate |
Offence : Fraudulent removal or concealment of property etc., to prevent distribution among creditors
Punishment : 2 Years or Fine or Both
Cognizance : Non-Cognizable
Bail : Bailable
Triable : Any Magistrate
FAQ's on IPC Section 421
What offence is defined under IPC 421?
IPC 421 Offence: Fraudulent removal or concealment of property etc., to prevent distribution among creditors.
What is the punishment for IPC 421 Case?
The punishment for IPC 421 is 2 Years or Fine or Both.
Is IPC 421 cognizable offence or non-cognizable offence?
IPC 421 is a Non-Cognizable.
How to file/defend your case for IPC 421 offence?
Use LawRato for filing/defending your case under IPC 421 with the help of best criminal lawyers near you.
Is IPC 421 bailable or non-bailable offence?
IPC 421 is a Bailable offence.
In what court can IPC 421 be tried?
IPC 421 is tried in the court of Any Magistrate.
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