IPC Section 489C

Indian Penal Code

US
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IPCChapter XVIII

S. 489 C

Possession of forged or counterfeit currency-notes or bank-notes

Description

Whoever has in his possession any forged or counterfeit currency-note or bank-note, knowing or having reason to believe the same to be forged or counterfeit and intending to use the same as genuine or that it may be used as genuine, shall be punished with imprisonment of either description for a term which may extend to seven years, or with fine, or with both.

Classification u/schedule 1 CrPC

Offence

Punishment

Possession of forged or counterfeit currency-notes or bank-notes

7 Years or Fine or Both

Cognizance

Bail

Triable By

Cognizable

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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