Public servant unlawfully buying or bidding for property
Full Text
203. Public servant unlawfully buying or bidding for property.
Whoever, being a public servant, and being legally bound as such public servant, not to purchase or bid for certain property, purchases or bids for that property, either in his own name or in the name of another, or jointly, or in shares with others, shall be punished with simple imprisonment for a term which may extend to two years, or with fine, or with both; and the property, if purchased, shall be confiscated.
Plain English Summary
Punishes a public servant who unlawfully buys or bids for property despite being legally prohibited from doing so, with up to two years of simple imprisonment, fine, or both, and confiscation of the property.
Key Legal Elements
- Accused is a public servant
- Accused is legally bound not to purchase or bid for certain property
- Accused purchases or bids for that property (directly, via proxy, or jointly)
- Punished with simple imprisonment up to 2 years, fine, or both, and property confiscation
Punishment
Simple imprisonment up to 2 years, or fine, or both; and confiscation of property
Practical Note
This section replaces IPC 169. It targets conflicts of interest, such as officers conducting public auctions who buy the auctioned properties using proxy names.
हिंदी पाठ
203. लोक सेवक द्वारा विधि विरुद्ध रूप से संपत्ति खरीदना या उसके लिए बोली लगाना।
जो कोई लोक सेवक होते हुए, और लोक सेवक के नाते किसी संपत्ति को न खरीदने या उसके लिए बोली न लगाने के लिए कानूनी रूप से आबद्ध होते हुए, उस संपत्ति को या तो अपने नाम में या किसी अन्य के नाम में, या संयुक्त रूप से, या दूसरों के साथ अंशों (shares) में खरीदेगा या उसके लिए बोली लगाएगा, वह सादा कारावास से, जिसकी अवधि दो वर्ष तक की हो सकेगी, या जुर्माने से, या दोनों से, दंडित किया जाएगा; और यदि संपत्ति खरीद ली गई हो, तो वह समपहृत (confiscated) कर ली जाएगी।