Section 243 of the Bharatiya Nyaya Sanhita, 2023, addresses the fraudulent removal or concealment of property to prevent its seizure. This section stipulates that:
- Definition of Offense: It is illegal for anyone to fraudulently remove, conceal, transfer, or deliver any property or interest in property with the intent to prevent that property from being seized as forfeited or in execution of a court decree. This includes actions taken in anticipation of a sentence likely to be pronounced by a court or authority.
- Punishment: The penalties for violating this section can include imprisonment for up to three years, a fine that may extend to five thousand rupees, or both.
Example Scenario
For instance, if an individual named Ravi is aware of an impending court order that may result in the seizure of his property due to a debt, and he transfers ownership of that property to a relative without any legitimate transaction, such actions would be classified under this section as fraudulent. Consequently, Ravi could face legal repercussions as outlined in Section 243.This provision aims to deter individuals from engaging in deceptive practices aimed at evading legal responsibilities regarding property.
Adv Ashish Sharma has dedicated his career to helping individuals and businesses navigate the intricate legal landscape with confidence. From providing expert advice on current legal issues to offering clear explanations of legal principles, he strives to empower his audience with knowledge and understanding.
