Legal Provisions of Section 413 of Indian Penal Code, 1860.
Habitually dealing in stolen property:
Habitually receiving or dealing in stolen property has been made punishable under this section. The section states that whoever either habitually receives or habitually deals in property which either he knows or has reason to believe to be stolen property, shall be punished with imprisonment for life, or with simple or rigorous imprisonment for a term extending up to ten years, and shall also be liable to fine.
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ADVERTISEMENTS:
The prosecution has to prove under this section that the accused is either a habitual receiver of stolen property or he is a habitual dealer in stolen property, and in either case it must be established that he either knows the property to be stolen property or he has reason to believe that the property is stolen property. The offence under this section is a very serious offence is clear from the quantum of punishment prescribed.
The offence under this section is cognizable, non-bailable and non-compoundable, and is triable by court of session.