Section 174 - Fraudulent removal of property to prevent lawful seizure or execution.

Whoever, with intent to prevent any property of himself or any other person or any interest therein-

(a) from being taken as a forfeiture or in satisfaction of a fine under a sentence which has been pronounced or which he knows to be likely to be pronounced by a court of justice or other competent authority; or

(b) from being taken in execution of a decree or order, which has been made or which he knows to be likely to be made by a court of justice; or

(c) from being distributed according to law amongst the creditors of himself or that other person; or

(d) from being available according to law for payment of the debts of himself or that other person, dishonestly or fraudulently removes or conceals or assists in removing or concealing that property or dishonestly or fraudulently transfers, delivers or releases such property or any interest therein to any person or practises a deception touching the same or accepts or dishonestly or fraudulently accepts, receives or claims that property or any interest therein, knowing that he has no right or rightful claim thereto, shall be punished with imprisonment for a term which may extend to two years or with fine or with both.

Explanation

In this section "property" includes rights of action and property of every other description whether movable or immovable and whether corporeal or incorporeal.