IPC Section 489B

Indian Penal Code

US
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IPCChapter XVIII

S. 489 B

Using as genuine, forged or counterfeit currency-notes or bank-notes

Description

Whoever sells to, or buys or receives from, any other person, or otherwise traffics in or uses as genuine, any forged or counterfeit currency-note or bank-note, knowing or having reason to believe the same to be forged or counterfeit, shall be punished with imprisonment for life, or 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

Using as genuine forged or counterfeit currency-notes or bank-notes

Imprisonment for Life or 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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