IPC 403 - Dishonest misappropriation of movable property, or converting it to ones own use
Description of IPC 403
Description of IPC Section 403
According to section 403 of Indian penal code, Whoever dishonestly misappropriates or converts to his own use any movable property, shall be punished with imprisonment of either description for a term which may extend to two years, or with fine, or with both.
IPC 403
| Offence | Dishonest misappropriation of movable property, or converting it to ones own use |
| Punishment | 2 Years or Fine or Both |
| Cognizance | Cognizable |
| Bail | Bailable |
| Triable | Magistrate's Court |
Up to 2 years imprisonment, or a fine, or both.
IPC 403 in Simple Words
If someone dishonestly takes or uses someone else's movable property, they can be punished with imprisonment for up to two years, or fined, or both.
Importance and Practical application
Addresses dishonest misappropriation of property.
Practical application:
A person finds a wallet on the street containing cash and credit cards. Instead of attempting to return it to its owner, they decide to keep the wallet and its contents for their personal use. In this scenario, the individual can be charged under IPC Section 403 for dishonest misappropriation of movable property. If convicted, they may face imprisonment for up to two years, a fine, or both. This section emphasizes the legal consequences of wrongfully taking or converting someone else's movable property for personal gain, even when the act is done without prior ownership of the property.Conclusion
Provides penalties for dishonestly using someone else's movable property.