Section 243 of BNS : Section 243: Fraudulent removal or concealment of property to prevent its seizure as forfeited or in execution.

Explanation using Example

Example 1:

Ravi owns a piece of land in Delhi. He is aware that a court case is ongoing, and there is a high likelihood that the court will order the land to be seized to satisfy a debt he owes. To prevent this, Ravi transfers the ownership of the land to his brother, Suresh, without any actual sale or exchange of money. This transfer is done solely to avoid the land being taken by the court. Under Section 243 of The Bharatiya Nyaya Sanhita 2023, Ravi's actions constitute fraudulent removal or concealment of property to prevent its seizure, and he can be punished with imprisonment for up to three years, a fine of up to five thousand rupees, or both.

Example 2:

Meena runs a small business in Mumbai and has been fined by the court for violating certain regulations. She knows that the court is likely to seize her business assets to satisfy the fine. To avoid this, Meena secretly transfers her business inventory to a friend's warehouse and falsifies records to show that the inventory ...

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