IPC § 423 · Indian Penal Code, 1860 · Repealed on 1 July 2024
Section 423 IPC — Dishonest or fraudulent execution of deed of transfer containing false statement of consideration
Replaced from 1 July 2024 by BNS 322 of the Bharatiya Nyaya Sanhita, 2023. Offences committed on or before 30 June 2024 are still charged under the IPC.
The law now: BNS 322 — Dishonest or fraudulent execution of deed of transfer containing false statement of consideration
Whoever dishonestly or fraudulently signs, executes or becomes a party to any deed or instrument which purports to transfer or subject to any charge any property, or any interest therein, and which contains any false statement relating to the consideration for such transfer or charge, or relating to the person or persons for whose use or benefit it is really intended to operate, shall be punished with imprisonment of either description for a term which may extend to three years, or with fine, or with both.
Source: India Code (indiacode.gov.in). The Gazette of India is the authoritative text. BNS 322 in full