IPC Section 403
Here’s a clear explanation of IPC Section 403:
Section 403 – Dishonest misappropriation of property
Legal Text:
"Whoever dishonestly misappropriates or converts to his own use any movable property shall be punished with imprisonment of either description for a term which may extend to two years, or with fine, or with both."
Key Points:
Misappropriation: Wrongfully taking or using someone else’s movable property for one’s own use.
Dishonest intention is essential — the person must intend to convert the property for their own benefit without the owner’s consent.
Movable property: Any property that can be moved (like money, goods, belongings).
Punishment:
Imprisonment up to 2 years, or
Fine, or
Both.
Difference from Theft (Section 378):
Theft involves taking property dishonestly.
Misappropriation involves already having possession of the property (lawfully or otherwise) but dishonestly converting it to one’s own use.
Summary:
Section 403 IPC deals with cases where a person who is in possession of movable property dishonestly uses or converts it for themselves, against the rights of the owner.
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