Sec 420- Cheating and dishonestly inducing delivery of property
Section 420 :- Cheating and dishonestly inducing delivery of property Whoever cheats and thereby dishonestly induces the person deceived to deliver any property to any person, or to make, alter or destroy the whole or any part of a valuable security, or anything which is signed or sealed, and which is capable of being converted into a valuable security, shall be punished with imprisonment of either description for a term which may extend to seven years, and shall also be liable to fine. Classification u/schedule 1 CrPC Offence Punishment Cheating and there by dishonestly inducing delivery of property, or the making, alteration or destruction of a valuable security 7 Years + Fine Cognizance Bail Triable By Cognizable Non-Bailable Magistrate First Class Composition u/s 320 CrPC Offence is Compoundable by The person cheated, with the permission of the Court