Section 323 of the Bharatiya Nyaya Sanhita (BNS) applies when a person dishonestly or fraudulently conceals, removes, or assists in the concealment or removal of property, whether it belongs to themselves or another person.
It also covers situations where a person dishonestly releases a legitimate claim or demand that they are entitled to.
Punishment:
Whoever commits this offense shall be punished with imprisonment of up to three years, or with a fine, or both.
The law ensures that individuals do not hide assets or fraudulently avoid legal claims.
How It Protects:
This section prevents financial fraud, asset hiding, and evasion of legal claims.
It ensures that property is not wrongfully concealed to avoid legal liabilities and that rightful owners and claimants are protected.
Example:
If a debtor hides assets to avoid paying creditors, they are guilty under this section.
Similarly, if a person fraudulently transfers property to a relative to escape legal proceedings, it is an offense under this law.
