Section 314: Whoever dishonestly misappropriates or converts to his own use any movable Dishonest
property, shall be punished with imprisonment of either description for a term which shall not misappropriation
of property.
be less than six months but which may extend to two years and with fine.
Illustrations.
(a) A takes property belonging to Z out of Z’s possession, in good faith believing at
the time when he takes it, that the property belongs to himself. A is not guilty of theft; but if
A, after discovering his mistake, dishonestly appropriates the property to his own use, he is
guilty of an offence under this section.
(b) A, being on friendly terms with Z, goes into Z’s library in Z’s absence, and takes
away a book without Z’s express consent. Here, if A was under the impression that he had Z’s
implied consent to take the book for the purpose of reading it, A has not committed theft. But,
if A afterwards sells the book for his own benefit, he is guilty of an offence under this section.
(c) A and B, being, joint owners of a horse. A takes the horse out of B’s possession,
intending to use it. Here, as A has a right to use the horse, he does not dishonestly
misappropriate it. But, if A sells the horse and appropriates the whole proceeds to his own
use, he is guilty of an offence under this section.