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Dishonest misappropriation of property.
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....ion for a term which shall not 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 ....
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....nly is a misappropriation within the meaning of this section. Illustration. A finds a Government promissory note belonging to Z, bearing a blank endorsement. A, knowing that the note belongs to Z, pledges it with a banker as a security for a loan, intending at a future time to restore it to Z. A has committed an offence under this section. Explanation 2.-A person who finds property not in....
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....e does not believe it to be his own property, or in good faith believe that the real owner cannot be found. Illustrations. (a) A finds a rupee on the high road, not knowing to whom the rupee belongs, A picks up the rupee. Here A has not committed the offence defined in this section. (b) A finds a letter on the road, containing a bank-note. From the direction and contents of the letter he ....