IPC Section 418: Cheating With Knowledge That Wrongful Loss May Ensue To Person Whose Interest Offender Is Bound To Protect
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IPC Section 418: Cheating With Knowledge That Wrongful Loss May Ensue To Person Whose Interest Offender Is Bound To Protect
Whoever cheats with the knowledge that he is likely thereby to cause wrongful loss to a person whose interest in the transaction to which the cheating relates, he was bound, either by law, or by a legal contract, to protect, shall be punished with imprisonment of either description for a term which may extend to three years, or with fine, or with both.
-Text In Indian Penal Code
| Offence | Cheating a person whose interest the offender was bound, either by law or by legal contract, to protect |
| Punishment | 3 Years or Fine or Both |
| Cognizance | Cognizable |
| Bail | Bailable |
| Triable By | Any Magistrate |
| Offence Compoundable | The person cheated, with the permission of the Court |
