IPC § 381 · Indian Penal Code, 1860 · Repealed on 1 July 2024
Section 381 IPC — Theft by clerk or servant of property in possession of master
Replaced from 1 July 2024 by BNS 306 of the Bharatiya Nyaya Sanhita, 2023. Offences committed on or before 30 June 2024 are still charged under the IPC.
The law now: BNS 306 — Theft by clerk or servant of property in possession of master
Whoever, being a clerk or servant, or being employed in the capacity of a clerk or servant, commits theft in respect of any property in the possession of his master or employer, shall be punished with imprisonment of either description for a term which may extend to seven years, and shall also be liable to fine.
Source: India Code (indiacode.gov.in). The Gazette of India is the authoritative text. BNS 306 in full