Criminal Misappropriation of Property and Criminal Breach of Trust – 403-409 IPC – The Legal Lock
Section 403 ‐ Dishonest misappropriation of property.
Whoever venally mis-appropriates or converts to his own use of any movable property, shall be chastened with imprisonment of either description for a term which can reach 2 years, or with fine, or with each.
Illustrations
﴾a﴿ A takes property happiness to Z out of Z’s possession, in straightness, believing, at any time once he takes it, that the property belongs to himself. A isn’t guilty of theft; however if A, when discovering his mistake, venally appropriates the property to his own use, he’s guilty of Associate in Nursing offense beneath this section.
