Whoever dishonestly misappropriates or converts to his own use property, knowing that such property was in the possession of a deceased person at the time of that person's decease, and has not since been in the possession of any person legally entitled to such possession, shall be punished with imprisonment of either description for a term which may extend to three years, and shall also be liable to fine, and if the offender at the time of such person's decease was employed by him as a clerk or servant, the imprisonment may extend to seven years.
Illustration
Z dies in possession of furniture and money. His servant A, before the money
comes into the possession of any person entitled to such possession, dishonestly
misappropriates it. A has committed the offence defined in this section.
401 IPC Punishment for belonging to gang of thieves
402 IPC Assembling for purpose of committing dacoity
403 IPC Dishonest misappropriation of property
404 IPC Dishonest misappropriation of property possessed by deceased person at the time of his death
405 IPC Criminal breach of trust
406 IPC Punishment for criminal breach of trust
407 IPC Criminal breach of trust by carrier, etc
408 IPC Criminal breach of trust by clerk or servant
409 IPC Criminal breach of trust by public servant, or by banker, merchant or agent