Bharatiya Nyaya Sanhita, 2023
321. Whoever dishonestly or fraudulently prevents any debt or demand due to himself or to any other person from being made available according to law for payment of his debts or the debts of such other person, shall be punished with imprisonment of either description for a term which may extend to two years, or with fine, or with both. Dishonest or fraudulent execution of deed of transfer containing false statement of consideration.