Whoever dishonestly or fraudulently removes, conceals or delivers to any person, or transfers or causes to be transferred to any person, without adequate consideration, any property, intending thereby to prevent, or knowing it to be likely that he will thereby prevent, the distribution of that property according to law among his creditors or the creditors of any 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.
CHAPTER XVII OF OFFENCES AGAINST PROPERTY · Of Fraudulent Deeds and Dispositions of Property
Section 421: Dishonest or fraudulent removal or concealment of property to prevent distribution among creditors
The Indian Penal Code, 1860 (repealed)
Repealed by the Bharatiya Nyaya Sanhita, 2023 (45 of 2023) with effect from 1 July 2024.
Now in the BNS
As given in the correspondence table of the National Crime Records Bureau (Ministry of Home Affairs). Read both texts before relying on it. NCRB table
| 421. Dishonest or fraudulent removal or concealment of property to prevent distribution among creditors. | BNS 320 |
Questions on this section
1 question in 3 of our papers cite Section 421.