Indian Penal Code 1860
Section 381 :
Theft by clerk or servant of property in possession of master :
(See section 306 of BNS 2023)
Classification of Offence:
Offence: Theft by clerk or servant of property in possession of master or employer.
Punishment :Imprisonment for 7 years and fine.
Cognizable or Non-cognizable :Cognizable
Bailable or Non-bailable :Non-bailable.
Compoundable or Non-compoundable : The owner of the property stolen.
By Which Court Triable : Any Magistrate.
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Whoever, being a clerk or servant, or being employed in the capacity of a clerk or servant, commits theft in respect of any property in the possession of his master or employer, shall be punished with imprisonment of either description for a term which may extend to seven years, and shall also be liable to fine.
