Here We Describe Section 320 BNS Act Mentions “Dishonest or fraudulent removal or concealment of property to prevent distribution among creditors” And Section 320 Is A Part Of CHAPTER XVII OF OFFENCES AGAINST PROPERTY New Bharatiya Nyaya Sanhita 2023 Act.
Here We Also Describe Definitions Of Section 320 BNS Act With an Explanation And Illustration of CHAPTER XVII.–
Definition of Section 320 BNS-
| 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. |
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