IPC Section 489D

Indian Penal Code

US
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IPCChapter XVIII

S. 489 D

Making or possessing instruments or materials for forging or counterfeiting currency notes or bank-notes

Description

Whoever makes, or performs any part of the process of making, or buys of sells or disposes of, or has in his possession, any machinery, instrument of material for the purpose of being used, or knowing or having reason to believe that it is intended to be used, for forging or counterfeiting any currency-note or bank-note, 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

Making or possessing machinery, instrument or material for forging or counterfeiting 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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