638+ Lawyers are online 
SECTION 423 IPC - Indian Penal Code - Dishonest or fraudulent execution of deed of transfer containing false statement of consideration
Last Updated: 01 Apr, 2024
By Advocate Chikirsha Mohanty
Table of Contents
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 | Punishment | Cognizance | Bail | Triable |
|---|---|---|---|---|
| Fraudulent execution of deed of transfer containing a false statement of consideration | 2 Years or Fine or Both | Non-Cognizable | Bailable | Any Magistrate |
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
IPC Section 423: False statement of consideration in a transfer deed executed dishonestly or fraudulently
Comments by Users
No Comments! Be the first one to comment.
Find the best lawyer for IPC Section 423 charges
Popular IPC Sections
Frequently Asked Questions
What is Section 423 of the Act?
Insolvency Act (IA) 1986 Section 423 allows the avoidance transactions that are designed to defraud creditor. 19 Sept 2023
What is Section 423?
Indian Penal Code, Section 423: False statement of consideration in a fraudulent or dishonest execution of a deed of transfer.
What is Section 424 of the IPC?
Anyone who dishonestly, fraudulently, conceals or removes property belonging to him or another person, assists dishonestly, fraudulently, in concealing or removing such property, or dishonestly, fraudulently, releases any claim or demand that he has a right to, will be punished by imprisonment for either a period of time.
What is Section 425 of the IPC?
Mischief is committed by anyone who, with the intent to cause or knowing that they are likely to cause, harm to others or themselves, destroys property, or changes the value or utility of property, or damages it in any way.
