Section 320 of Bharatiya Nyaya Sanhita (BNS) 2023:Dishonest or fraudulent removal or concealment of property to prevent distribution among creditors.
Dishonest or fraudulent removal or concealment of property to prevent distribution among creditors.Bharatiya Nyaya Sanhita 2023
Whoever dishonestly or fraudulently removes, conceals or delivers to any person, or
transfers or causes to be transferred to any person, without adequate consideration, any property,
intending thereby to prevent, or knowing it to be likely that he will thereby prevent, the distribution of
that property according to law among his creditors or the creditors of any other person, shall be punished
with imprisonment of either description for a term which shall not be less than six months but which may
extend to two years, or with fine, or with both.