Indian Penal Code
IPC 418 is now BNS 318(3).
Cheating with knowledge that wrongful loss may ensue to person whose interest offender is bound to protect · BNS 318 brings it together with IPC 415, 417 and 420.
Merged
Old wording kept in full
Old · IPC 1860 · Ch. XVII
s. 418
Cheating with knowledge that wrongful loss may ensue to person whose interest offender is bound to protect
Whoever cheats with the knowledge that he is likely thereby to cause wrongful loss to a person whose interest in the transaction to which the cheating relates, he was bound, either by law, or by a legal contract, to protect, shall be punished with imprisonment of either description for a term which may extend to three years, or with fine, or with both.
Text from the official India Code PDF
New · BNS 2023 · Ch. XVII
s. 318(3)of section 318
Cheating.
(3) Whoever cheats with the knowledge that he is likely thereby to cause wrongful loss to a person whose interest in the transaction to which the cheating relates, he was bound, either by law, or by a legal contract, to protect, shall be punished with imprisonment of either description for a term which may extend to five years, or with fine, or with both.
Text from India Code