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Indian Penal Code, 1860 · Chapter XVII: Of Offences against Property · Of Fraudulent Deeds and Dispositions of Property

Section 423: Dishonest or fraudulent execution of deed of transfer containing false statement of consideration

The Indian Penal Code, 1860 was repealed and replaced by the Bharatiya Nyaya Sanhita, 2023 from 1 July 2024. It still applies to offences and proceedings from before that date.

Now in the BNS section 322 (Dishonest or fraudulent execution of deed of transfer containing false statement of consideration)

In plain words

Dishonestly or fraudulently signing, executing or joining in a deed transferring or charging property that falsely states the payment, or who it is really meant to benefit, is punishable with imprisonment of either description for up to two years, or fine, or both.

A simplified explanation, prepared with AI assistance from the official text below and checked automatically against it for numbers and cross-references. The official text is the law and prevails over this summary. Not legal advice.

Official text

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.

Corresponding sections were matched by comparing the wording of both official texts, and for the IPC and BNS, also against a published correspondence table. Wording, punishments and structure often changed, so read both sections before relying on the match.

Source: India Code (Legislative Department), the text of the Act as it stood before its repeal. Words in square brackets [ ] were inserted or substituted by later amending Acts, and *** marks words omitted by an amendment. The amendment footnotes are not reproduced here.

Supreme Court judgments citing the section 423