IPC 423 — Dishonest or fraudulent execution of deed of transfer containing false statement of consideration

Indian Penal Code, 1860

Statutory text

Whoever dishonestly or fraudulently signs,  executes or  becomes  a  party  to  any  deed  or instrument which  purports to  transfer or  subject to  any charge any property, or  any interest  therein,  and  which  contains  any  false statement relating  to the  consideration for such transfer or charge, or relating  to the  person or  persons for whose use or benefit it is really intended  to operate,  shall be  punished with  imprisonment of either description  for a  term which may extend to two years, or with fine, or with both.

Back to IPC