The Indian Penal Code
422Dishonestly or fraudulently preventing debt being available for creditors
Whoever dishonestly or fraudulently prevents any debt or demand due to himself or to any other person from being made available according to law for payment of his debts or the debts of such 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.
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Of Fraudulent Deeds and Dispositions of Property
- 421 Dishonest or fraudulent removal or concealment of property to prevent distribution among creditor
- 422 Dishonestly or fraudulently preventing debt being available for creditors
- 423 Dishonest or fraudulent execution of deed of transfer containing false statement of consideration
- 424 Dishonest or fraudulent removal or concealment of property