Economic Offence Wing (EOW) Lawyer in Delhi / india

Economic offences in India can be classified into following categories. These categories of economic offences are:

1. Traditional economic crime: Example- corruption, smuggling, bogus imports etc.
2. Emerging technological economic crimes: For Example credit card frauds, counterfeiting, cybercrimes etc.
3. Crimes through which proceeds of transnational organized crime are transmitted abroad like money laundering.

Laws that deal with economic offences in the Indian context are:

1. Section 255 of the Indian Penal Code, 1860 – Counterfeiting Government Stamp
2. Section 405 of the Indian Penal Code, 1860 – Criminal Breach of Trust
3. Section 406 of the Indian Penal Code, 1860 – Punishment for criminal breach of trust
4. Section 415 of the Indian Penal Code, 1860 – Cheating
5. Section 417 of the Indian Penal Code, 1860 – Punishment for cheating
6. Section 420 of the Indian Penal Code, 1860 – Cheating and dishonestly inducing delivery of property
7. Section 463 of the Indian Penal Code, 1860 – Forgery
8. Section 465 of the Indian Penal Code, 1860 – Punishment for forgery
9. Section 467 of the Indian Penal Code, 1860 – Forgery of valuable security, will, etc.,
10. Section 477 of the Indian Penal Code, 1860 – Falsification of Accounts
11. Section 264 of the Indian Penal Code, 1860 – Fraudulent use of false instrument for weighing
12. Section 265 of the Indian Penal Code, 1860 – Fraudulent use of false weight or measure
13. Section 378 of the Indian Penal Code, 1860 – Theft
14. Section 379 of the Indian Penal Code, 1860 – Punishment for theft
15. Section 381 of the Indian Penal Code, 1860 – Theft by clerk or servant of property in possession of master
16. Section 383 of the Indian Penal Code, 1860 – Extortion
17. Section 384 of the Indian Penal Code, 1860 – Punishment for extortion
18. Section 7 of the Prevention of Corruption Act, 1988 – Public servant taking gratification other than legal remuneration in respect of an official act
19. Section 13 of the Prevention of Corruption Act, 1988 – Criminal misconduct by a public servant
20. Section 9 of the Central Excise Act, 1944 – Offences and Penalties
21. Section 135 of the Customs Act, 1962
22. Section 276-C of the Income Tax Act, 1961 – Willful attempt to evade tax, etc.,
23. Criminal Law (Amendment) Ordinance, 1944
24. Section 452 of the Code of Criminal Procedure, 1973 – Order for disposal of property at the conclusion of a trial
25. Smugglers & Foreign Exchange Manipulators (Forfeiture of Property) Act, 1976
26. Narcotic Drugs & Psychotropic Substances Act, 1985

Section 405 of IPC: Whoever, being in any manner entrusted with property, or with any dominion over property, dishonestly misappropriates or converts to his own use that property, or dishonestly uses or disposes of that property in violation of any direction of law prescribing the mode in which such trust is to be discharged, or of any legal contract, express or implied, which he has made touching the discharge of such trust, or willfully suffers any other person so to do, commits “criminal breach of trust” as defined under.
Section 415: Cheating: Whoever, by deceiving any person, fraudulently or dishonestly induces the person so deceived to deliver any property to any person, or to consent that any person shall retain any property, or intentionally induces the person so deceived to do or omit to do anything which he would not do or omit if he were not so deceived, and which act or omission causes or is likely to cause damage or harm to that person in body, mind, reputation or property, is said to “cheat”.
Explanation: A dishonest concealment of facts is deception within the meaning of this section.

Section 416: Cheating by personation:
A person is said to “cheat by personation” if he cheats by pretending to be some other person, or by knowingly substituting one person for another, or representing that he or any other person is a person other than he or such other person really is.

Our law office practices law related to economic offences. We undertake cases related to economic offences registered before various agencies viz. local police, EOW, CBI, ACB, SFIO etc. We assist clients from very initial stage of the case, bail, charge, trial and even at the stage of revision and appeal. Mr. A.K Singh is one of the finest criminal lawyer in Delhi practices law relating to economic offences.