Indian Penal Code 1860
Section 246 :
Fraudulently or dishonestly diminishing weight or altering composition of coin:
(See section 178(5) of BNS 2023)
Classification of Offence:
Offence: Fraudulently diminishing the weight or altering the composition of Indian coin.
Punishment :Imprisonment for 3 years and fine.
Cognizable or Non-cognizable :Cognizable
Bailable or Non-bailable :Non-bailable
Compoundable or Non-compoundable : Non-compoundable
By Which Court Triable :Magistrate of the first class.
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Whoever fraudulently or dishonestly performs on any coin any operation which diminishes the weight or alters the composition of that coin, shall be punished with imprisonment of either description for a term which may extend to three years, and shall also be liable to fine.
Explanation :
A person who scoops out part of the coin and puts anything else into the cavity alters the composition of that coin.
