Indian Penal Code 1860
Section 253 :
Possession of Indian coin by person who knew it to be altered when he became possessed thereof:
(See section 180 (Explanation) of BNS 2023)
Classification of Offence:
Offence: Possession of Indian coin by a person who knew it to be altered when he became possessed thereof.
Punishment :Imprisonment for 5 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.
————–
Whoever, fraudulently or with intent that fraud may be committed, is in possession of coin with respect to which the offence defined in either of the Section 247 or 249 has been committed having known at the time of becoming possessed thereof, that such offence had been committed with respect to such coin, shall be punished with imprisonment of either description for a term which may extend to five years, and shall also be liable to fine.
