Indian Penal Code 1860
Section 240 :
Delivery of Indian coin, possessed with knowledge that it is counterfeit:
(See section 179 and 180 of BNS 2023)
Classification of Offence:
Offence: Same with respect to Indian coin.
Punishment :Imprisonment for 10 years and fine.
Cognizable or Non-cognizable :Cognizable
Bailable or Non-bailable :Non-bailable
Compoundable or Non-compoundable : Non-compoundable
By Which Court Triable :Court of Session.
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Whoever, having any counterfeit coin which is a counterfeit of 1.[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.
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1. Subs. by the A. O. 1950, for “the Queens coin”.
