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Section 30 - Indian Penal Code, 1860
Indian Penal Code, 1860
30. "Valuable security"
The words "valuable security" denote a document which is, or purports to be, a document whereby any legal right is created, extended, transferred, restricted, extinguished or released, or where by any person acknowledges that he lies under legal liability, or has not a certain legal right.
Illustration
A writes his name on the back of a bill of exchange. As the effect of this endorsement is transfer the right to the bill to any person who may become the lawful holder of it, the endorsement is a "valuable security".
Related Sections
- Section 68: Imprisonment to terminate on payment of fine
- Section 427: Mischief causing damage to the amount of fifty rupees
- Section 294A: Keeping lottery office
- Section 151: Knowingly joining or continuing in assembly of five or more persons after it has been commanded to disperse
- Section 34: Acts done by several persons in furtherance of common intention
Related Acts
- New Delhi International Arbitration Centre Act, 2019
- Indian Institute of Petroleum and Energy Act, 2017
- National Institutes of Food Technology, Entrepreneurship and Management Act, 2021
- Chief Election Commissioner and Other Election Commissioners (Appointment, Conditions of Service and Term of Office) Act, 2023
- Farm Laws Repeal Act, 2021
* Only for reference.