Section 323 of BNS : Section 323: Dishonest or fraudulent removal or concealment of property.
BNS
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Explanation using Example
Example 1:
Ravi, a businessman, is going through a financial crisis and is unable to repay his debts. To avoid his creditors, he transfers ownership of his luxury car to his friend, Suresh, without any actual sale or exchange of money. Ravi continues to use the car as if it still belongs to him. This act of transferring the car to Suresh to avoid seizure by creditors is a dishonest or fraudulent removal of property. Under Section 323 of the Bharatiya Nyaya Sanhita 2023, Ravi can be punished with imprisonment for up to three years, or with a fine, or both.
Example 2:
Meena, who is in the process of a divorce, hides her expensive jewelry at her sister's house to prevent it from being included in the marital assets during the divorce settlement. By concealing the jewelry, Meena is dishonestly or fraudulently removing property to which her spouse may have a claim. Under Section 323 of the Bharatiya Nyaya Sanhita 2023, Meena can be punished with imprisonment for up to three years, or with a fine, or both.