Section 424 of The Indian Penal Code, 1860 View Chapter 17

Dishonest or fraudulent removal or concealment of property.

Of Fraudulent Deeds and Dispositions of Property

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Whoever dishonestly or fraudulently conceals or removes any property of himself or any other person, or dishonestly or fraudulently assists in the concealment or removal thereof, or dishonestly releases any demand or claim to which he is entitled, shall be punished with imprisonment of either description for a term which may extend to two years, or with fine, or with both.