Page 21 - Insurance Times December 2019

Continued from last issue

LEGAL

PRINCIPLES OF

BURGLARY

INSURANCE

Definitions, meanings and offences relates to taking something from someone else with an intention to
property and others in the Indian penal code: permanently deprive them of it. Frauds, Embezzlement are
examples of theft.
Indian Penal code Section 378 defines Theft as :
"Whoever, intending to take dishonestly any moveable
Indian penal code section 378: The offence is defined in
property out of the possession of any person without the
this section and it relates only to movable property. Thus
consent of that person, moves that property in order to it can be said that the immovable property cannot be made
such taking, is said to committing a theft." Punishment for a subject-matter of theft. But sometime the property which
theft under criminal law is whoever commits theft will be
is immovable, after it is taken out from the earth can be
punished with an imprisonment of either described for a stolen, for example a tree so long attached to earth cannot
term which may extend to 3 years, or with fine, or with be made a subject of the offence of theft is complete. This
both the punishments.
term is defined as : whoever, intending to take dishonestly
any movable property out of the possession of any person
Theft can be considered as generic term for all the crimes
without that person's consent moves that property in order
in which a person intentionally takes the personal assets
to such taking, is said to commit theft.
without the permission of owner. Theft simply means
Section 379 in the Indian Penal Code: Punishment for
About the author theft.-whoever commits theft shall be punished with
imprisonment of either description for a term which may
R. Venkatesan extend to three years, or with fine, or with both.
BA, BGL, AIII, DIL.
Ex.Senior Assistant/ Section 380 in the Indian Penal Code: Theft in dwelling
In House Surveyor, house Whoever commits theft in any building, tent or
United India Insurance Co. Ltd, Trichy vessel, which building, tent or vessel is used as a human

The Insurance Times, December 2019 21