IPC Section 23 - What Is "Wrongful Gain" Or "Wrongful Loss"
IPC Section 23 states that - the terms " Wrongful Gain", "Wrongful Loss", "Gaining Wrongfully" & "Losing Wrongfully" used in the Indian Penal Code convey some special meaning.
- The meaning of all those terms has been explained in IPC Section 23.
- "Wrongful Gain" - When someone ( Who is not the owner of the property ) acquires the property by using illegal or bad techniques, it is said to be a Wrongful Gain.
- "Wrongful Loss" - When someone (Who is the owner of the property) loses the property wrongfully, it is said to be a Wrongful Loss.
- "Gaining Wrongfully" - When a person gains property wrongfully ( illegally or deception), it is said to be gaining wrongfully.
- "Losing Wrongfully" - When a person loses property wrongfully(illegal or deception), it is said to be losing wrongfully.
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