Bailabel Type : bailable
Description
Section 479 of the Indian Penal Code defines a "Property Mark" as:
"A mark used for denoting that movable property belongs to a particular person."
This section is purely definitional and does not prescribe any punishment. It lays the foundation for understanding related offenses involving property marks.
Key Components:
Movable Property:
- The mark is associated with movable property, not immovable assets like land or buildings.
- Examples: Machinery, tools, vehicles, packaged goods, or electronic devices.
Purpose of the Mark:
- To denote ownership or authenticity.
- Protects against theft, fraud, or misappropriation.
Examples of Property Marks:
- A logo engraved on industrial equipment.
- A seal or stamp on official documents or goods.
- A serial number engraved on an electronic item.
