Maharashtra Police Act 1951
Section 124 :
Possession of property of which no satisfactory account can be given :
Whoever has in his possession or conveys in any manner, or offers for sale or pawn, anything which there is reason to believe is stolen property or property fraudulently obtained, shall, if he failed to account for such possession or to act to the satisfaction of the Magistrate, on conviction, be punished with imprisonment for a term 1.[which may extend to one year but shall not, except for reasons to be recorded in writing, be less than one month and shall also be liable to fine which may extend to 2.[five thousand rupees].]
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1. Substituted for the words ‘which may extend to three months or with fine which may extend to one hundred rupees or both’ by Maharashtra 29 of 1970, Section 5.
2. Substituted for the words ‘five hundred rupees’ by Maharashtra 40 of 2000, Section 21, (w.e.f 9-10-2000).
