Section 361 - “Cheating by Personation”: Whoever cheats by personation shall on
conviction, be punished with imprisonment for a term not exceeding three
years or with fine or with both.
Section 362 - “Cheating and Dishonestly Inducing Delivery of Property”: Whoever
cheats and thereby fraudulently or dishonestly induces the person deceived
to deliver any property to any person or to make or alter or destroy the
whole or any part of a document of title or anything which is singed or
sealed and which is capable of being converted into a document of title,
shall on conviction, be punished with imprisonment for a term not
exceeding seven years and may also be liable to fine.
Section 362(A) “Cheating by False Description of Goods for Sale”: Whoever, sells or
attempts to sell or exhibits or offers for sale:(a) anything in respect of which a false description is made; or
(b)anything which in fact is of less weight, length measure or number, is
described as of a certain weight, length, measure or number; shall, unless
the contrary is proved, be presumed to have dishonestly concealed the
truth and shall on conviction, be punished with imprisonment for a term
not exceeding three years or with fine or with both.
Section 362(B) – “Giving an Uncovered Cheque”: Whoever in fulfillment of an
obligation or for consideration issues to any person a cheque which is
dishonoured by the drawee because:(a)
(b)
(c)
(d)
(e)
He has no account with the drawee at the time the cheque is
presented for payment; or
He has insufficient funds with the drawee and this fact is known to
him; or
He has countermanded the payment of the cheque with a
reasonable cause; or
His credit, to his knowledge, is not available for payment;
He has intentionally drawn the cheque in such manner that the
drawee refuses to honour it;
Shall on conviction, be punished with imprisonment for a term not
exceeding seven years or with fine or with both.
Explanation :- The expression “the drawee” includes banks and every body
whether natural or corporate carrying out banking business.
Section 362(C) – Endorsement or Delivery of a Cheque knowing that it is Uncovered
Etc.”: Whoever endorses or delivers a cheque knowing that the credit is
not available for payment or that there is no sufficient fund or that it has
been countermanded, shall on conviction, be punished with imprisonment
for a term not exceeding seven years or with fine or with both.
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