SECTION 423 IPC - Indian Penal Code - Dishonest or fraudulent execution of deed of transfer containing false statement of consideration

Last Updated: 01 Sep, 2023
By Advocate Chikirsha Mohanty


Description of IPC Section 423

According to section 423 of Indian penal code, 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.

IPC 423 in Simple Words

If someone dishonestly signs or participates in a document that transfers or charges property, and that document contains false information about the consideration or the intended beneficiaries, they can be punished with imprisonment up to two years, or fined, or both.

Offence : Fraudulent execution of deed of transfer containing a false statement of consideration

Punishment : 2 Years or Fine or Both

Cognizance : Non-Cognizable

Bail : Bailable

Triable : Any Magistrate

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FAQ's on IPC Section 423

What offence is defined under IPC 423?

IPC 423 Offence: Fraudulent execution of deed of transfer containing a false statement of consideration.

What is the punishment for IPC 423 Case?

The punishment for IPC 423 is 2 Years or Fine or Both.

Is IPC 423 cognizable offence or non-cognizable offence?

IPC 423 is a Non-Cognizable.

How to file/defend your case for IPC 423 offence?

Use LawRato for filing/defending your case under IPC 423 with the help of best criminal lawyers near you.

Is IPC 423 bailable or non-bailable offence?

IPC 423 is a Bailable offence.

In what court can IPC 423 be tried?

IPC 423 is tried in the court of Any Magistrate.

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