IPC Section 240

Indian Penal Code

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IPCChapter XII

S. 240

Delivery of Indian coin, possessed with knowledge that it is counterfeit

Description

Whoever having any counterfeit coin, which is a counterfeit of Indian coin, and which, at the time when he became possessed of it, he knew to be a counterfeit of Indian coin, fraudulently or with intent that fraud may be committed, delivers the same to any person, or attempts to induce any person to receive it, shall be punished with imprisonment of either description for a term which may extend to ten years, and shall also be liable to fine.

Classification u/schedule 1 CrPC

Offence

Punishment

Same with respect to Indian coin

10 Years + Fine

Cognizance

Bail

Triable By

Cognizable

Non-Bailable

Court of Session

Composition u/s 320 CrPC

Offence is NOT listed under Compoundable Offences

By Raman Devgan
Updated: 31 Oct 2022
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