Section 206 of IPC : Section 206: Fraudulent Removal Or Concealment Of Property To Prevent Its Seizure As Forfeited Or In Execution
IPC
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Explanation using Example
Imagine a scenario where Mr. Sharma is convicted of fraud and is aware that the court is likely to order the seizure of his assets as part of the punishment. Before the sentence is pronounced, Mr. Sharma transfers ownership of his luxury car to his friend Mr. Verma, with the understanding that Mr. Verma will return the car after the legal proceedings are over. This act of Mr. Sharma's intentionally concealing his asset to prevent it from being taken by the authorities is an example of the application of Section 206 of The Indian Penal Code, 1860. If caught, Mr. Sharma could face additional punishment for this act, including imprisonment, a fine, or both.