IPC 206 - Fraudulent removal or concealment, etc., of property to prevent its seizure as a forfeiture, or in satisfaction of a Fine under sentence, or in execution of a decree
Description of IPC 206
Description of IPC Section 206
According to section 206 of Indian penal code, Whoever fraudulently removes, conceals, transfers or delivers to any person any property or any interest therein, intending thereby to prevent that property or interest therein from being taken as a forfeiture or in satisfaction of a fine, under a sentence which has been pronounced, or which he knows to be likely to be pronounced, by a Court of Justice or other competent authority, or from being taken in execution of a decree or order which has been made, or which he knows to be likely to be made by a Court of Justice in a civil suit, shall be punished with imprisonment of either description for a term which may extend to two years, or with fine, or with both.
IPC 206
| Offence | Fraudulent removal or concealment, etc., of property to prevent its seizure as a forfeiture, or in satisfaction of a Fine under sentence, or in execution of a decree |
| Punishment | 2 Years or Fine or Both |
| Cognizance | Cognizable |
| Bail | Bailable |
| Triable | Magistrate Court |
Up to 2 years imprisonment, a fine, or both.
IPC 206 in Simple Words
In simple words, Section 206 of the Indian Penal Code states that if someone fraudulently removes, conceals, transfers, or delivers property to prevent it from being taken as forfeiture or in satisfaction of a fine or court order, they can be punished with imprisonment up to two years, or fined, or both.
Importance and Practical application
IPC Section 206 is vital for maintaining the rule of law and ensuring that legal processes regarding property rights are respected. Fraudulent removal or concealment of property undermines judicial authority and can obstruct the enforcement of court orders. By criminalizing such actions, this section promotes accountability and discourages individuals from attempting to evade their legal responsibilities.
Practical application:
Examples: Hiding assets to avoid their seizure in bankruptcy proceedings. Legal Consequences: Prevents individuals from evading legal obligations through dishonest actions.Conclusion
This provision acts as a safeguard against the manipulation of legal proceedings concerning property. By imposing penalties on those who engage in fraudulent practices, IPC Section 206 helps uphold the integrity of the legal system, ensuring that court decrees and legal obligations are fulfilled. It reinforces the principle that individuals must not exploit loopholes or engage in deceitful behavior to escape legal consequences, thereby contributing to a fair and just society.