Section 381 of The Indian Penal Code, 1860 View Chapter 17

Theft by clerk or servant of property in possession of master.

Of Theft

---------------------------------------------------------------------------------------------

Whoever, being a clerk or servant, or being employed in the capacity of a clerk or servant, commits theft in respect of any property in the possession of his master or employer, shall be punished with imprisonment of either description for a term which may extend to seven years, and shall also be liable to fine.