Extortion and punishment for extortion under Indian Penal Code is defined under Section 383 and 384 of Indian Penal Code 1860. Provisions under these sections are:
Section 383 of Indian Penal Code. "Extortion"
Whoever intentionally puts any person in fear of any injury to that person, or to any other, and thereby dishonestly induces the person so put in fear to deliver to any person any property or valuable security, or anything signed or sealed which may be converted into a valuable security, commits "extortion".
Illustrations(a) A threatens to publish a defamatory libel concerning Z unless Z gives him money. He thus induces Z to give him money. A has committed extortion.(b) A threatens Z that he will keep Z's child in wrongful confinement, unless Z will sign and deliver to A a promissory note binding Z to pay certain monies to A. Z signs and delivers the note. A has committed extortion.
(c) A threatens to send club-men to plough up Z's field unless Z will sign and deliver to B a bond binding Z under a penalty to deliver certain produce to B, and thereby induces Z to sign and deliver the bond. A has committed extortion.(d) A, by putting Z in fear of grievous hurt, dishonestly induces Z to sign or affix his seal to a blank paper and deliver it to A. Z signs and delivers the paper to A. Here, as the paper so signed may be converted into a valuable security. A has committed extortion. Section 383 of Indian Penal Code "Punishment for extortion" Whoever commits extortion shall be punished with imprisonment of either description for a term which may extend to three years, or with fine, or with both.
OFFENCES OF EXTORTION
Section 385, 386, 387, 388 and 389 of Indian Penal Code 1860 - What is Putting person in fear of injury in order to commit extortion? What is Extortion by putting a person in fear of death or grievous hurt to? What is Putting person in fear of death or of grievous hurt, in order to commit extortion?, What is Extortion by threat of accusation of an offence punishable with death or imprisonment for life, etc?, What is Putting person in fear of accusation of offence, in order to commit extortion?