No
|
Dishonestly
|
Fraudulently
|
1
|
Meaning: the word dishonestly means having deviated
from honesty. But in Indian penal Code Section 24 has given a technical
meaning to the word dishonestly, to include an intentional act, to cause
wrongful gain and wrongful loss in another.
|
Meaning: Act fraudulent if done with intend to
defraud and no otherwise means there can be no fraud unless there was an
intention to defraud.
|
2
|
Definition : Section 24 defines Dishonestly - Whoever
does anything with the intention of causing wrongful gain to one person or
wrongful loss to another person, is said to do that thing “dishonestly”
|
Definition: Section 25 defines Fraudulently - A person
is said to do a thing fraudulently if he does that thing with intent to
defraud but not otherwise.
|
3
|
Intention: Intention must be to cause wrongful gain or
wrongful loss to a person.
Example: A find ring belonging
to B on a table in B’s room and removes it foe own use , A’s act is dishonest
since it amounts to wrongful gain to A and wrongful loss to B.
|
Intention: In this case. Intention is defraud other.
|
4
|
Deceit is not an essential
element
|
Deceit is an essential element.
|
5
|
In this case there must be
pecuniary gain or loss.
|
In this case, pecuniary or
economic gain or loss is not always so.
|
6
|
Dishonesty may be by innocence.
Dishonestly and innocence may coincide.
|
Fraud and innocence can never
overlap. Fraud itself is deception.
|
Subscribe to:
Post Comments (Atom)
See Also..
-
1) Consider the following statements : A) Every promise is an agreement. B) Every agreement is a contract. C) A contrac...
-
1) Which one of the following element is not necessary for a contract ? A) Competent parties B) Reasonable terms and condition...
-
1) Give correct answer : A) Void agreements are always illegal. B) Illegal agreements are always voidable . C) Illegal a...
-
Computer is an important part of an accounting system. Computerized accounting systems are important to business in various...
-
Advantages of Law - There are many Advantages of law... some of the them are as follows : 1) Uniformity and Certainty: ...
It's ok but maybe need to be explained with more clearly thanks
ReplyDelete