LawgistThe Indian Penal Code
423Dishonest or fraudulent execution of deed of transfer containing false statement of consideration
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.
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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
