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BNS320

BNS Section 320: Dishonest or fraudulent removal or concealment of property to prevent distribution among creditors

Punishment punished with imprisonment of either description for a term which shall not be less than six months but which may extend to two years, or with fine, or with both
Copied verbatim from the section text below.
Arrest, bail & court
  • Non-cognizable · Bailable · Any Magistrate
From the BNSS, 2023, First Schedule (machine-extracted; check the Schedule for anything consequential).
Verbatim · BNS320. Dishonest or fraudulent removal or concealment of property to prevent distribution among creditors.— 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 shall not be less than six months but which may extend to two years, or with fine, or with both.

Cite as: Section 320, Bharatiya Nyaya Sanhita, 2023 (Act No. 45 of 2023)