29 CAP. 224 Penal Code 2008 Ed. Illustration Writings, relating to real or personal property or rights, are movable property. [Indian PC 1860, s. 22] “Wrongful gain” and “wrongful loss” 23. “Wrongful gain” is gain by unlawful means of property to which the person gaining it is not legally entitled; “wrongful loss” is loss by unlawful means of property to which the person losing it is legally entitled. Explanation —A person is said to gain wrongfully when such person retains wrongfully, as well as when such person acquires wrongfully. A person is said to lose wrongfully when such person is wrongfully kept out of any property, as well as when such person is wrongfully deprived of property. [Indian PC 1860, s. 23] “Dishonestly” 24. Whoever does anything with the intention of causing wrongful gain to one person, or wrongful loss to another person, is said to do that thing dishonestly. [Indian PC 1860, s. 24] “Fraudulently” 25. A person is said to do a thing fraudulently if he does that thing with intent to defraud, but not otherwise. [Indian PC 1860, s. 25] “Reason to believe” 26. A person is said to have “reason to believe” a thing, if he has sufficient cause to believe that thing, but not otherwise. [Indian PC 1860, s. 26] Property in possession of spouse, clerk or servant 27. When property is in the possession of a person’s spouse, clerk or servant, on account of that person, it is in that person’s possession within the meaning of this Code. [51/2007] Informal Consolidation – version in force from 1/4/2015