Here we are going to explain what is punishable offence in this section is and how much has imprisonment or fine under section 424.
Dishonest or fraudulent removal or concealment of property:
In this section states that whoever dishonestly or fraudulently conceals or removes any property of himself or any other person, or dishonestly or fraudulently assists in the concealment or removal thereof, or dishonestly releases any demand or claim to which he is entitled, shall be punished with imprisonment of either description for a term which may extend to two years, or with fine, or with both.
Offence : Fraudulent removal or concealment of property of himself or any other person or assisting in the doing thereof, or dishonestly releasing any demand or claim to which he is entitled.
Punishment - 2 Years or Fine or Both
This is a Bailable, Non-Cognizable offence and Triable by Any Magistrate