Section 203: Whoever, being a public servant, and being legally bound as such public servant,
unlawfully not to purchase or bid for certain property, purchases or bids for that property, either in his
buying or
bidding for own name or in the name of another, or jointly, or in shares with others, shall be punished
property. with simple imprisonment for a term which may extend to two years, or with fine, or with both;
and the property, if purchased, shall be confiscated.
