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

Explanation using Example

Example 1:

Rajesh runs a small business in Delhi and has accumulated significant debt from various creditors. Knowing that he is unable to repay his debts, Rajesh decides to transfer his valuable car to his brother without any payment. He does this to ensure that the car is not seized and sold to pay off his creditors. Rajesh's action of transferring the car without adequate consideration to prevent its distribution among his creditors falls under Section 320 of The Bharatiya Nyaya Sanhita 2023. Rajesh can be punished with imprisonment for a term ranging from six months to two years, or with a fine, or both.

Example 2:

Suman owns a jewelry store in Mumbai and owes a substantial amount of money to her suppliers. Anticipating that she might be declared bankrupt, Suman hides a significant portion of her jewelry stock in a friend's house. She does this to ensure that the jewelry is not inc...

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