Section 246BailableOFFENCE
Fraudulently preventing debt being available for creditors.
Full Text
Whoever fraudulently or dishonestly 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...
Plain English Summary
Criminalises hiding or diverting debts to avoid paying creditors during legal recovery.
Punishment
Up to 2 years
Practical Note
Equivalent to IPC 210. Focused on financial integrity and avoiding bankruptcy fraud.
हिंदी पाठ
ऋणदाताओं के लिए ऋण उपलब्ध होने को कपटपूर्वक रोकना। जो कोई किसी ऋण या मांग को विधि के अनुसार ऋणों के भुगतान के लिए उपलब्ध होने से कपटपूर्वक रोकेगा, वह दो वर्ष तक के कारावास या जुर्माने से दंडित होगा।