Section 322 of BNS : Section 322: Dishonest or fraudulent execution of deed of transfer containing false statement of consideration.

Explanation using Example

Example 1:

Ravi, a property dealer, convinces Sita to buy a piece of land by showing her a deed that states the land is worth ₹50 lakhs. However, the actual market value of the land is only ₹20 lakhs. Ravi has dishonestly inflated the consideration amount in the deed to make a higher profit. Sita, believing the false statement, agrees to the purchase. In this scenario, Ravi has committed an offense under Section 322 of The Bharatiya Nyaya Sanhita 2023 by executing a deed containing a false statement of consideration.

Example 2:

Anil, who is in financial trouble, decides to transfer his house to his friend Sunil to avoid it being seized by creditors. They create a deed of transfer that states Sunil has paid ₹30 lakhs for the house, but in reality, no money has exchanged hands, and the transfer is only on paper. The deed falsely represents the consideration amount and the true intention behind the transfer. Anil and Sunil have both committed an offense under Section 322 of The Bharatiya Nyaya Sanhita 2023 by being parties to a fraudulent deed.

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