Indian Penal Code 1860
Section 169 :
Public servant unlawfully buying or bidding for property:
(See section 203 of BNS 2023)
Classification of Offence:
Offence: Public servant unlawfully buying or bidding for property.
Punishment :Simple Imprisonment for 2 year, or fine, or both and confiscation of property, if purchased.
Cognizable or Non-cognizable :Non-cognizable
Bailable or Non-bailable :Bailable
Compoundable or Non-compoundable : Non-compoundable
By Which Court Triable :Magistrate of the First class
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Whoever, being a public servant, and being legally bound as such public servant, not to purchase or bid for certain property, purchases or bids for that property, either in his own name or in the name of another, or jointly, or in shares with others, shall be punished with simple imprisonment for a term which may extend to two years, or with fine, or with both; and the property, if purchased, shall be confiscated.