Introduction:

Here we are going to explain what is punishable offence in this section is and how much has imprisonment or fine under section 422.

Description:

Dishonestly or fraudulently preventing debt being available for creditors:

In this section states that 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.


CLASSIFICATION OF OFFENCE Punishment:

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

This is a Bailable, Non-Cognizable offence and Triable by Any Magistrate

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