Whoever unlawfully compels any person to labour against the will of that person, shall be punished with imprisonment of either description for a term which may extend to one year, or with fine, or with both.

Simply Put

Section 374 is intended to put a stop on the continuous practice of forced labour. It requires:
(i) Unlawful compulsion of any person;
(ii) The unlawful compulsion must be to make the person work against the will of that person.

Punishment will be for a term which can be extended for a period of 1 year, or fine, or both.

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