IPC Section 422: Dishonestly Or Fraudulently Preventing Debt Being Available For Creditors
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IPC Section 422: Dishonestly Or Fraudulently Preventing Debt Being Available For Creditors
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.
-Text In Indian Penal Code
Offence | Fraudulently preventing from being made available for his creditors a debt or demand due to the offender |
Punishment | 2 Years or Fine or Both |
Cognizance | Cognizable |
Bail | Bailable |
Triable By | Any Magistrate |
Offence Compoundable | The creditors who are affected thereby |