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



Description of IPC Section 423

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.

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





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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