IPC Section 423 - Dishonest or fraudulent execution of deed of transfer containing fal se s tatement of

423. Dishonest or fraudulent execution of deed of transfer containing fal se s tatement of

consideration.--Whoever dishonestly or fraudulently signs, executes or becomes a party to any deed or

instrument which purports to transfer or subject to any charge any property, or any interest therein, and

which contains any false statement re lating to the consideration for such transfer or charge, or relating to

the person or persons for whose use or benefit it is really intended to operate, shall be punished with

imprisonment of either description for a term which may extend to two years, or with fine, or with both.