Section 338 of BNS : Section 338: Forgery of valuable security, will, etc.

Explanation using Example

Example 1:

Ravi, a businessman, creates a fake will that claims to be the last testament of his wealthy uncle, who recently passed away. The forged will states that Ravi is the sole beneficiary of his uncle's estate, which includes valuable securities and properties. Ravi presents this forged will to the court to claim his uncle's assets. Under Section 338 of the Bharatiya Nyaya Sanhita 2023, Ravi can be charged with forgery of a valuable security and a will, and if found guilty, he could face imprisonment for life or a term up to ten years, along with a fine.

Example 2:

Priya, an employee at a financial firm, forges a document that appears to be an authority letter from a client, authorizing her to transfer valuable securities worth several lakhs of rupees to her own account. She uses this forged document to execute the transfer. When the fraud is discovered, Priya is charged under Section 338 of the Bharatiya Nyaya Sanhita 2023 for forging a document that purports to give authority to transfer valuable securities. If convicted, she could be sentenced to life imprisonment or imprisonment for up to ten years, and she would also be liable to pay a fine.